Ghana is set to begin refining crude from its own oil fields locally, becoming the latest African producer seeking to capture ...

An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.

The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produ ...

OPEC+ oil-producing countries will likely agree a ‌further hike in their output target for July when they meet on Sunday, ...

The announcement came days after the United Arab Emirates withdrew from the group. The higher output will have little effect on global supplies. By Emmett Lindner The oil cartel known as OPEC Plus ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. The EIA March STEO report has made significant and major ...

In October 1973, several Arab oil-producing nations decided to stop exporting oil to the United States and other countries that supported Israel during the Yom Kippur War. While the initial goal was ...

The United Arab Emirates - a leading producer of crude oil - has decided to quit the Organization of Petroleum Exporting Countries. Here's why and what may happen next.

Oil is once again making headlines. This week, the United Arab Emirates (UAE) made the shock decision to leave the Organisation of the Petroleum Exporting Countries (OPEC). OPEC is network of ...

Sunflower oil is an essential product for Cyprus, widely used in retail, HoReCa, catering, bakeries and food manufacturing. Since local production is limited, the Cypriot market relies mainly on ...

The EIA’s April STEO report has made significant and major revisions to the projected world oil production due to the US/Iranian war. December’s world oil output W/O the US decreased by 59 kb/d to ...