Global oil markets are again showing the impact of emotions and misinterpretation. The so-called surprise production increase taken by eight (8) leading members of OPEC is, in principle, not ...

The oil cartel - which produces 40 percent of the world’s total oil output - agreed to further increase output in August.

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

Kazakhstan's oil production in the first half of 2025 witnessed a significant surge of approximately 11.6%, reaching 49.9 ...

The OPEC+ Joint Ministerial Monitoring Committee (JMMC) reiterated its call for member states to adhere to agreed 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 oil-producing countries. Read more here.

Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...

Crude oil holds above key MAs as traders eye OPEC+ output signals, Iran talks, and Venezuela supply. Read the latest oil outlook and technical analysis.

Nigeria's crude oil production has again exceeded the quota assigned to it by the Organisation of Petroleum Exporting ...

OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and ...

Bob McNally, Rapidan Energy Group founder and president, discusses OPEC+'s recent decision to increase oil production for the month of August. He also talks about oil prices outlook, non-OPEC ...

A trade deal between the US and EU proved positive for sentiment this morning in the oil market. However, attention will ...