News

The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, ...
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 is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...
Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...
The historic Spindletop oil site in Texas offers a model for storing more natural gas underground amid forecasts of surging ...
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 ...
Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.
Trump’s Russia sanctions may disrupt crude oil flows, driving bullish oil outlook and higher futures amid supply risk and ...
U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes ...
OPEC and its partners have pivoted from years of output restraint to reopening the taps, surprising crude traders and raising questions about the group's long-term strategy ...
Donald Trump has advocated expanding production of domestic oil and gas to tackle a "national energy emergency." ...