Seven oil-producing nations in OPEC+ — including Saudi Arabia and Russia — say they’ve agreed to a modest output increase in ...

Ghana is set to begin refining crude from its own oil fields locally, becoming the latest African producer seeking to capture ...

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. Cargo ships are seen at sea near the Strait of ...

OPEC+ oil-producing countries will likely agree a ‌further hike in their output target for July when they meet on Sunday, ...

An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.

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 EIA March STEO report has made significant and major ...

The United Arab Emirates (UAE) on Tuesday announced its intention to leave OPEC and OPEC+ effective May 1, 2026, citing long-standing disagreements over production quotas. The move has renewed ...

The EIA’s April STEO report has made significant and major revisions to the projected world oil production due to the US/Iranian war. December’s world oil output W/O the US decreased by 59 kb/d to ...

The United Arab Emirates - a leading producer of crude oil - has decided to quit the Organization of Petroleum Exporting Countries. Here's why and what may happen next.

J. William Carpenter is an economist who writes financial topics. He is an author of published works for higher education and business clients. Thomas J. Brock is a CFA and CPA with more than 20 years ...

Oil is once again making headlines. This week, the United Arab Emirates (UAE) made the shock decision to leave the Organisation of the Petroleum Exporting Countries (OPEC). OPEC is network of ...