World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 ...

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...

OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.

Both U.S. and global oil production are set to rise to slightly larger record highs this year than prior forecasts, the U.S.

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...

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However, revised projections from OPEC reflect a slowdown in oil demand growth, particularly due to economic uncertainty in ...

OPEC’s oil production rose last month as Libya restored output that was halted during a brief political crisis.

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Saudi Arabia and allied oil producing countries said on Sunday ... which comes ahead of the U.S. presidential election on Tuesday.