June’s MoM production increased by 595 kb/d to 45,174 kb/d for these eleven Non-OPEC countries, while as a whole, the Non-OPEC countries saw a yearly production increase of 1,258 kb/d to 53,839 kb/d. In June 2025, these 11 countries produced 83.5% of all Non-OPEC oil.

An oil surplus long prophesied by traders may finally be materializing, according to Gunvor Group CEO Torbjörn Törnqvist, who says the market is shifting from tightness to glut—though not everyone is buying the narrative just yet.

The International Monetary Fund upgraded its 2025 economic growth forecast for Saudi Arabia on Tuesday due to a faster-than-expected unwinding of oil production cuts in the world's top crude exporter.

The US EIA projects global oil inventories will increase through 2026, exerting downward pressure on oil prices, influenced by rising production and strategic stockpiling,

The United States has sanctioned more than 50 people, entities and vessels accused of facilitating the sale of Iranian oil and liquefied petroleum gas.

Russian oil production rose in September to 9.321 million barrels per day, up 148,000 bpd from August, as the world's leading oil producing countries continued to ramp up production, OPEC monthly data showed on Monday.

Egypt is rolling the dice on black gold once again, announcing plans to drill 480 new exploratory oil wells over the next five years

The world's largest oil and gas producers could be involved in under 1.5 per cent of renewable energy projects globally, a new study has found. Researchers from the Autonomous Uni

Oil spills can be among the most devastating environmental disasters, with the potential to severely damage marine ecosystems, disrupt coastal communities, and impose lasting economic damage. Traditional numerical models,

And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said ” it will all be fine ,” just days after he sent the market reeling by threatening much higher tariffs on China .