The South American country increasingly at odds with the Trump administration has the world’s largest oil reserves.

The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. The World’s May oil production decreased by 6 kb/d to 83 ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. Production from November 2025 to December 2026 appears ...

The major oil producers known as OPEC+ unwound previous output cuts faster than expected this year — increasing quotas at a ...

Canadian crude prices have fallen to their weakest relative to the US benchmark since March as surging production from ...

Changes OPEC+ is making to its oil production quota system will likely spark a wave of upstream investments among members, ...

OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward with ...

(Bloomberg) -- When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs of the summer before. By early April, they had fallen to a ...

NEW YORK -- A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil-exporting countries are bracing for potentially crippling budget shortfalls, and ...