The Caribbean country has the world’s largest crude oil reserves, but years of underinvestment are hindering its production ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

July 5 (UPI) --Eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in August. Of the dozen Organization of Petroleum Exporting Countries, ...

Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market than widely thought, thanks to one overlooked factor — at least according to one ...

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...

Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...

China sharply increased crude oil stockpiling last month as imports surged and refinery runs lagged supply, underscoring both ...

OPEC+ will stick with plans to pause its collective crude oil production increases during the first quarter of 2026.

January WTI crude oil (CLF26) on Tuesday closed down -1.55 (-2.73%), and January RBOB gasoline (RBF26) closed down -0.0514 ...

Canadian crude prices have fallen to their weakest relative to the US benchmark since March as surging production from Alberta meets an already well-supplied world market.

Major oil producers meet this weekend to decide on August production levels Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market than ...