The Organization of Petroleum Exporting Countries (OPEC) would likely hike output by September as the producer group meets ...

Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...

Western and Eastern energy giants are competing for new Egyptian gas exploration blocks. As Egypt opens 12 key Mediterranean ...

Saudi Energy Minister Prince Abdulaziz bin Salman said that oil and gas will remain indispensable despite expansion of renewable energy. "While renewable, nuclear power, and hydrogen energy sources ...

That’s according to the Energy Information Administration, which forecasts the world’s largest oil producer to pump 13.37 million barrels per day of oil this year instead of last month’s forecast of ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in ...

The Global Crude Oil Landscape: 2023's Top Producers In the ever-evolving world of energy production, crude oil remains a ...

OPEC+ has agreed to increase production in August by 548,000 bpd. As a reference, in April, production increased by 138,000 ...

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's proposed ...