News

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
Kazakhstan's oil production has risen by 2% in May, an industry source said on Tuesday, an increase that defies pressure from ...
President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...
Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...
A new report from CNN found that the average price of gas is expected to be $3.08 on Memorial Day, which would be the lowest ...
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
Goldman Sachs sees oil prices under pressure despite global growth, citing Iranian supply owing to the US-Iran nuclear deal, ...
From January 2025 to December 2026, oil production in Non-OPEC countries is expected to increase by 1,428 kb/d. January’s Non-OPEC W/O US oil production rose by 37 kb/d to 40,040 kb/d.
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist said.
ProFrac Holding Corp. reports strong Q1 2025 growth with 32% revenue rise, boosted by operational efficiency and strategic moves.
Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...