Production

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Russia's Oil Output Tops 9 Million Barrels a Day in July

This short-term rebound may not hold because export limits, refinery strikes, new EU sanctions on crypto raise supply and compliance risks.

OPEC+ Approves 188,000 bpd September Hike, Completes 2023 Cut Rollback

Drone Strike Halts Loading at Caspian Pipeline Terminal

OPEC+ to Pause Output Increases After September Citing Iran-Linked Transit Risks

OPEC+ Set to Raise September Quota as Shipping Threats Keep Supply Tight

ADNOC Approves Dh22.6bn FID to Develop Umm Shaif Gas Cap

U.S. Crude Stocks Fall as Strategic Reserve Nears Four‑Decade Low

OPEC Lowers 2026 Demand Forecast as OPEC+ Produces Well Below Plan in June

Nigeria's Oil Output Climbs to 1.735 Million Barrels Per Day as Crude Hits Highest Level Since 2020

IEA Sees 2026 Oil Demand Drop as Flows Recover but Risks Persist

UAE Raises Oil Output to Record Levels After Leaving OPEC

OPEC+ Agrees 188,000 bpd August Increase as Hormuz Flows Recover

Opec+ Approves Second Monthly 188,000 bpd Increase for August

Argentina Tops 900,000 Barrels a Day as Vaca Muerta Drives Export Surge

Iraq Demands Bigger OPEC Quota and Signals Possible Exit

Russia Weighs Fuel Imports After Drone Strikes Shut Major Moscow Refinery

Petrobras Reports Sharp Production Rebound and Push to Build Petrochemical Hub

U.S. Temporarily Allows Iranian Oil Sales Through August 21

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

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