There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

Sara Vakhshouri, President of SVB Energy International, says OPEC has been a stabilizing force for the oil markets. She also ...

Discover the methods that companies use for forecasting oil prices, including calculus, econometrics, and market influences like OPEC and futures trading.

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...

The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...

For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...

Oil producers in the OPEC+ group this weekend confirmed they will hold output levels flat in the first quarter of next year. This comes after the group spent most of this year increasing oil ...

Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how ...

OPEC on Monday cut its oil demand growth forecast for 2025 and 2026 as President Donald Trump's tariffs weigh on global economic growth. The cartel now sees demand for crude growing by 1.3 million ...

OPEC's oil output edged lower in November, despite an OPEC+ agreement to raise production for the month, due to outages in ...

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 ...