Compensation cuts from OPEC+ members exceeding oil output quotas aren’t expected to outweigh the group’s planned production increase, according to BNP Paribas.

Global oil markets are set to experience the largest surge in new supply in a decade, but whether this oil reaches the market ...

A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new crude production in more than a decade.

The IEA has revised Kazakhstan’s 2025 crude supply forecast upward by 100 kb/d to 1.8 mb/d, marking an increase of 280 kb/d ...

Kazakhstan produced nearly 300,000 barrels above its Opec+ commitment in February. With the nation's production capacity ...

Kavkazskaya is an entry point for Russian crude to the CPC, which runs from the Chevron-operated Tengiz field in Kazakhstan ...

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Global oil demand is forecast to rise to 103.9 million barrels per day (mb/d) in 2025, up from an estimated 830,000 barrels ...

India's crude oil imports are projected to reach a record high in the fiscal year ending March 31, 2025, due to increasing ...