News

Oil markets are now refocused on OPEC production as the geopolitical concerns dim somewhat following the Iran-Israel ...
Kazakhstan’s crude oil production surged to record highs in June, openly breaching OPEC+ quotas and challenging the group's ...
The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.
Oil prices ticked down on Tuesday as prospects of more supply from OPEC and allies weighed on market sentiments.
Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...
A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straight ...
Gas prices are expected to average between $3.10 and $3.15 per gallon nationally this Fourth of July, according to GasBuddy, ...
OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its forecast for growth in oil supply from the United States and other producers ...
The Secretary General of OPEC told the Global Energy Show in Calgary that energy demand is expected to increase by 24 per ...
Bearish oil outlook ahead as OPEC+ output jumps, demand growth slows, and geopolitical premiums fade, keeping crude oil ...
Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday ...
The Organisation of the Petroleum Exporting Countries (Opec) said it expected the global economy to remain resilient in the ...