News

March World And Non-OPEC Oil Production Rises
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+ to boost crude oil production in August
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
OPEC+ is pumping more oil, but is it needed and at what price?
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Oil News: OPEC Analysis Backs Demand Resilience, WTI Tests $67.44 Zone
Oil futures steady above $67.44 while traders await Fed and OPEC cues. Strong gasoline demand supports crude oil outlook ...
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OPEC embraces optimism in latest forecast, calls 19% oil demand surge in 2050
OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by 2050, up nearly 19% from today’s levels.
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Price of Oil Especially Active So Far in 2025
Saying the first six months of the year have been active when it comes to oil prices may be an understatement.
The palace, the protests and the red carpet: How OPEC's seminar played out
OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.
OPEC Plus Agrees to Pump More Oil in August
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
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OPEC says no peak to oil demand before 2050
The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to ...
Oil News: Will OPEC Production Surge Sink Crude Oil Futures This Week?
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...