Surplus supplies of crude oil in global markets will reach about 4 million barrels per day in 2026 as both OPEC+ and other ...
The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...
However, oil prices in the United States have been incredibly volatile as of late due to the current geopolitical space ...
Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in ...
The International Energy Agency predicts production to outstrip demand by a record 4 million barrels per day by next year.
Russia, the world's second largest oil exporter, is weighing how to respond to U.S. sanctions on top oil firms Rosneft and ...
Climate Crisis 247 on MSN

The World Has Too Much Oil

The production of oil by the US and OPEC+ has driven oil supplies to record highs. Trade and a slow economy in China have cut ...
Latin America is gradually positioning itself as a key player in global energy production, with Investments in oil and gas ...
The sanctions announced Wednesday mark the first against Russia since President Trump entered office in January. President ...