Suncor recently announced its 2024 Q4 production rose to a record 874,000 b/d, a quarterly record (and a total operational production record in all of 2024). This all while cutting its outstanding ...

Horizon Kinetics have published their Q4 2024 Commentary. How’d we do? How’d the market do? What to expect now? Click here to ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

OPEC+ is unlikely to alter existing plans to raise output gradually when it meets today, delegates from the producer group ...

In 2023, Angola officially announced that it was leaving OPEC amid a disagreement over oil production quotas, ending its 16-year stint in the cartel. Angola, Africa’s second-largest crude ...

State-run oil giant ADNOC is reportedly cutting the allocation ... is still struggling to meet its OPEC quota of 1.5 mbpd and is also making efforts to raise production to about 2 mbpd.

indicating that it did not meet up with its oil production quota of 1.5 mbpd allotted to it by OPEC. The December 2024 average daily oil output also means that Nigeria failed to meet the 1.7 mbpd ...