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 ...

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

As WTI futures traded below $60 per barrel for most of this week, US shale producers have grown visibly more anxious about ...

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

Oil markets, along with Wall Street, began a free fall on April 2 when Trump announced the new tariffs on trading partners.

The recent oil price crash, driven by global trade tensions and tariffs, is creating significant fiscal challenges for petrostates and oil-producing nations, including Saudi Arabia, Russia, and Kuwait ...

Everyone understands the concept of a budget and most oil-producing economies rely heavily ... and the actual calculation is country-specific, impeding accurate comparisons across countries.

The former British colony is expected to become not only South America’s top oil producer ... inflows rise and oil reserves grow, production in the tiny South American country will expand ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...