Crude oil prices extended their losses following reports that OPEC+ is considering a further production increase in July, ...

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

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

After weeks of speculation, OPEC made it official last week by announcing they will restore oil production at a faster clip ...

While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left its ...

North Dakota oil and gas production grew in March, but activity is set to take a slight dip, the state's top oil regulator ...

Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts.

An inflation slowdown in this week's CPI report may be partly caused by an unlikely factor: tariffs. They're pushing down prices by dampening demand ...

LONDON, May 14 (Reuters) - OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider OPEC+ group this year and said it expected ...