On Friday, August West Texas Intermediate oil futures settled at $68.30 per barrel, a decline of 50 cents. It dropped to $57.13 on May 13, which was the lowest since January 2021.

World oil production increased by 383 kb/d in December to 82,386 kb/d. December’s world oil output without the US increased by 288 kb/d to 68,896 kb/d. December’s Big 3 oil production ...

World oil production W/O the U.S. from March 2025 to December 2026 is forecast to increase by a total of 801 kb/d. February’s Non-OPEC oil production increased by 99 kb/d to 53,267 kb/d.

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices Nation & World ...

While olive production by country varies year to year, the latest data (aggregated by WPR) highlights a clear top three. Spain, Italy, and Turkey are the world's largest producers of the oil, with ...

NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that ...

He, however, noted that through kinetic and non-kinetic interventions, oil theft has significantly reduced to 5,000 bpd, leading to a steady production increase to 1.7 million bpd.

The Nigerian government aims to boost the country’s oil production by 1 million barrels per day (bpd) by December 2026, from the current 1.75 million bpd, the head of the upstream regulator of ...

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.