The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...
Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...
Which nations hold the keys to the world's most important resource? We're unpacking which countries produce the most oil and the global impacts each one has.
Environmental experts warn that U.S. plans under President Trump to restart and control Venezuelan oil exports could intensify pollution, greenhouse gas emissions and ecological damage in a country al ...
The U.S. pumps more crude than any other nation in the world but it still wants Venezuela's oil. Here's why.
Of the world's top three producers, the U.S. has an Environmental Performance Index more than 9 points higher than the global ...
Almost every day, an oil tanker arrives off the coast of Guyana to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable ...
Arabian Gulf Business Insight on MSN

World oil market faces significant surplus, IEA predicts

The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency (IEA) said on Wednesday, as so far excess supplies have offset the geopolitical risk of ...
The oil and gas market was punctuated by volatility in 2025. Oil prices softened as supply outpaced demand and inventories built. Brent and West Texas Intermediate (WTI) crude slipped in late 2025, ...
“No one was paying any attention to Venezuelan oil two weeks ago,” a longtime oilman said to me the other day, “but now everyone is.” Donald Trump made that happen. Following the dramatic seizure of ...