oil production

Oil market: Surprises with 548,000 bpd output hike in August; what analysts said

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OPEC+ surprised markets by announcing a larger-than-expected oil production increase of 548,000 barrels per day for August, exceeding analysts’ predictions. This decision, driven by a ...

Oil market watch: Saudi, Russia-led OPEC+ eyes fresh hike for August

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OPEC+ members, including Saudi Arabia and Russia, are expected to agree on a 411,000 barrels per day production increase for August, continuing their strategy of ...

Supply squeeze: US oil output growth set to falter in 2025; S&P warns of sharp 2026 decline amid global glut

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The United States anticipates a significant slowdown in crude oil production growth by 2025. A sharper decline is expected in 2026. S&P Global Commodity Insights ...

Oil India Q4 net profit drops 21% on lower crude prices; FY25 sees record output and higher capex

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Oil India: Riding the Waves of Volatility with Record Output and Bold Investments Oil India, that venerable giant in the Indian energy landscape, just dropped ...