The United Arab Emirates - a leading producer of crude oil - has decided to quit the Organization of Petroleum Exporting ...

OPEC is network of oil-producing nations formed in 1960 with the aim of stabilising oil prices in ways that reduce ...

The US naval blockade of Iranian ports and the Strait of Hormuz, in place since April 13, has raised concerns that Iran could ...

The Organization of the Petroleum Exporting Countries, OPEC, is about to lose one of its biggest members, the United Arab ...

Most producers are keeping growth limited despite higher oil prices and market uncertainty.

The United States produces almost as much oil as Russia and Saudi Arabia combined when measuring the combination of crude oil and natural gas liquids such as butane, ethane and propane — a common way ...

The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC, the cartel of major ...

The United Arab Emirates, one of OPEC+'s largest producers, will leave the oil producers' alliance on May 1, it said on ...

US supermajors stick to prewar strategies despite White House plea for more drilling to curb soaring petrol prices ...

WTI Crude Oil Predictions for April 2026 are currently showing a 0% probability for hitting $160, reflecting a significant ...

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 decision by the United Arab Emirates to leave the oil producers’ cartel Opec after 59 years is more than a symbolic break ...