Brazil, already South America's largest economy, is on track to become a top four global oil producer following massive pre-salt discoveries, joining OPEC+ in 2025, and seeing a surge in investment ...

Total crude oil production from the OPEC+ alliance fell by 439,000 barrels per day in January, primarily driven by a significant drop in output from Kazakhstan. Kazakhstan’s production plummeted after ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. September’s World oil output W/O the US increased by 692 kb/d to 72,189 kb/d. Production ...

OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for oil prices for the remainder of this year and into next. It is true that the 137,000 ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.