News

Non-OPEC Oil Supply Growth to Peak in Early 2026, BP Says
Oil supply growth from non-OPEC producers is set to peak in early 2026, while demand remains robust, according to BP Plc Chief Executive Officer Murray Auchincloss.
Logic for OPEC policy not market share: Energy Aspects
OPEC members move to raise production by 547,000 per day, finalizing the reversal of a 2.2 million-barrel cut. Energy Aspects ...
OPEC+ countries to boost oil production by 547,000 barrels per day
A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...
OPEC+ Countries Agree to Boost Oil Production: What to Know
OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...
Texas Standard17h
OPEC surge, rig count putting damper on Trump bid for US energy dominance
Texas Standard: That promise for U.S. Energy dominance is running into a flood of OPEC crude oil. Apparently, on Sunday, the ...
OPEC+ expected to raise oil production further on Sunday, sources say
Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...
OilPrice.com16d
OPEC Is Playing The Long Game
OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...
The Numbers Look Bad for Oil Prices. Traders Don’t Seem to Believe Them.
OPEC has vowed to 2.2 million barrels of daily oil production, which should crash the oil market. It hasn’t happened.
US light crude falls more than $1 on possible OPEC production boost
U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...