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

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...

Israel prepares major Gaza operation that may forcibly relocate civilians and risks escalating regional tensions.

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...

TOKYO (Reuters) - Oil prices rose on Monday after both sides in U.S.-China trade talks over the weekend touted their progress ...

Opec+’s repeated decisions to boost oil output signal an acceptance by Saudi Arabia that it is unable to push prices higher, ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...