Production

OPEC+ OPEC Gasoline Production Venezuela Middle East Crude Oil Global Supply US Oil Production Saudi Arabia Market Dynamics

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

Emergency stock releases offer only short relief, signaling sustained price pressure.

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

China Pledges Bigger Oil Reserves, Wider Import Sources to Weather Supply Shocks

Saudi Restores East–West Pipeline to 7 Million bpd and Recovers Manifa Output After Attacks

Oil India Sets Record 1,202-Barrel Day at Thar Heavy-Oil Field

Strikes Leave Russia’s Baltic Oil Hubs Largely Offline, Forcing Export Reroutes

Sable Restarts Santa Ynez Pipeline With First Sales to Chevron

TotalEnergies Halts Middle East Production at Key Sites, Cutting Output by 15%

OPEC Confirms Saudi Output Jump to 10.88 Million bpd in February

Hormuz Disruption Forces Gulf Output Cuts as Oil Whipsaws From $120 Peak

Bolton Lauds Iran Strikes, Warns White House Lacks Plan for What Comes Next

OPEC+ Weighs Larger-Than-Planned Output Increase After Strikes on Iran

Russia Forecasts Oil Demand Growth to 2050 as Exports Shift to Asia

Saudi Arabia Lifts Oil Shipments as Aramco Confirms Jafurah Gas Start

Oil Near 7-Month Highs as Massive U.S. Stock Build Collides With U.S.–Iran Geneva Talks

U.S. Sees 30–40% Rebound in Venezuela’s Oil This Year as Repsol Maps Fast Output Rise

Pemex Reports Record 2025 Refining Throughput and Stronger High-Value Output

OPEC Projects Q2 Drop in Demand for OPEC+ Crude as January Output Falls

OPEC+ Keeps March Quotas Unchanged as Compensation Cuts Trim February Allowance

Pemex Logs Record-Low Crude Output in 2025 as Exports Plunge and Refining Ramps Up