Production

OPEC+ OPEC Middle East Gasoline Production Venezuela Crude Oil US Oil Production Exports Market Dynamics Forecasts

OPEP+ Approves Fifth Monthly Increase, Adding 188,000 Barrels a Day from August

Easing Gulf tensions that reopened the Strait of Hormuz have allowed producers to lift daily quotas.

OPEC+ Approves 188,000 bpd August Increase as Gulf Flows Recover

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Iraq Demands Bigger OPEC Quota and Signals Possible Exit

U.S. and Iran Sign Temporary Ceasefire and Reopen Strait of Hormuz

OPEC Projects Rising Global Oil Demand Through 2050 and Sees No Peak

Equinor Moves Ahead With Johan Sverdrup Phase 4 Tie-Back

Aker BP Raises Stake in Johan Sverdrup After Unit Redetermination

Hormuz Blockade Persists as OPEC+ Approves Fourth Monthly Output Hike

Russia Admits Oil Output Has Fallen in 2026

U.S. Crude and Fuel Stocks Decline as Strategic Reserve Sees Large Withdrawals

Pemex Sees Sharp April Drop in Refining Output and Exports

UAE Leaves OPEC to Reclaim Oil Capacity and Boost Revenues

OPEC Trims 2026 Oil Demand Outlook During Hormuz Supply Shock

IEA Says Oil Inventories Are Draining at Record Pace as 2026 Turns to Deficit

Record U.S. Oil Exports Can’t Offset Growing Shortages of Refined Fuels

OPEC+ Raises June Oil Output Targets by 188,000 Barrels a Day

UAE Leaves OPEC and OPEC+, Upending Oil Cartel’s Clout

UAE Quits OPEC and OPEC+, Sets Course for Independent Oil Output

YPF Says LNG Project With Eni and Adnoc Nears FID as It Launches a $150 Billion Vaca Muerta Drive

Sheinbaum Hosts Petrobras Chief to Explore Pemex Partnership