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 is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...

We think the best strategy is a delay in unwinding, perhaps even well beyond the end of Q1', Standard Chartered analysts said ...

Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ ...

Oil prices appear to have remained relatively unchanged compared to last week. Today we are to take a look at the recent ...

However, because of the high price target and rising unconventional oil production, OPEC’s share of global oil supply was ... percent against major currencies in trade-weighted terms (see Chart 4).

Each week, CK and I lead off with a bitcoin chart to ... to reduce their oil production quota by 2 mbd. However, this comes as they are currently producing 3.6 mbd below their current quota. Under the ...

The recent decision by OPEC+ to delay a planned production increase has provided ... sector drive this volatility. The daily chart for WTI oil shows that the price trades within a descending ...