News

The West Texas Intermediate (WTI) crude oil price has retreated this year as concerns about demand and supply remain. WTI, ...
U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.
The Organisation of the Petroleum Exporting Countries (OPEC) report has indicated that Nigeria retained its position as the largest crude oil producer in Africa in March.This is despite a decline in ...
The focus of this post is an overview of world oil production, along with a more detailed review of the top 11 Non-OPEC oil ...
OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...
President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.
U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...
U.S. President Donald Trump will host top oil executives at the White House on Wednesday as he charts plans to boost domestic energy production in the midst of falling crude prices and looming ...
Russia’s oil production this year is expected to be slightly lower compared to 2024, as Moscow will be compensating for previous overproduction per the agreed OPEC+ schedule, Russian Deputy ...
as record oil and gas production offset weaker energy commodity prices. CNOOC, which specializes in offshore oil and gas developments in China and internationally, booked a net profit of $19 ...