Venezuela’s oil recovery boosted India’s crude imports in 2024, the latest US attack and geopolitical risks could impact ...

February WTI crude oil (CLG26) on Friday closed down -0.10 (-0.17%), and February RBOB gasoline (RBG26) closed down -0.0168 ( ...

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. The World’s May oil production decreased by 6 kb/d to 83 ...

There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending gasoline under $3 a gallon at the pump in the US.

Climate change shifted the oil production debate from scarcity to demand. If countries do not deliver on ambitious green ...

Forecasters like the International Energy Agency are predicting a record glut next year, and even Opec’s secretariat — ...

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. Production from November 2025 to December 2026 appears ...

Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer. The U.S. continues to lead the world in total oil ...

Russian oil production is facing a significant decline due to global sanctions imposed after the invasion of Ukraine, which have denied Russia access to essential Western technology and equipment ...

Oil has long been the backbone of Venezuela’s economy. The state-owned oil company PDVSA was once regarded as one of the most ...

Crude oil output reached an estimated 5.9 million barrels per day in November, the highest level ever recorded in U.S. history, according to U.S. Energy Information Agency data.