The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. The largest increases came from the GOM and New Mexico, offset by a Texas drop. November production is ...

According to the Organization of Petroleum Exporting Countries (OPEC), Venezuela has over 300 billion barrels of oil. The ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

The South American country has a relatively low output, but its vast reserves of high-density crude oil are sought after by ...

Saudi Arabia’s crude oil exports surged by 413,000 barrels per day (bpd) in August, to the highest level in six months, as the world’s top crude exporter and the OPEC+ group accelerated the reversal ...

WTI crude oil futures (CL1:COM) will be in focus after the U.S. on Saturday said it had conducted a strike against Venezuela and captured its leader, Nicolás Maduro. The move marked a culmination of ...