Members of the International Energy Agency have announced a coordinated release of 400 million barrels of stockpiled oil in an attempt to counter the disruption in oil trade triggered by the Iran war.
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. Read more here.
Venezuelan oil is a 'drop in the bucket' of the global supply shortage triggered by the Iran war.
Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.
EVs cut 1.7 million barrels of oil per day in 2025, saving billions and reshaping global energy security, Ember finds.
Oil may be produced locally, but prices are set globally. That is why conflicts far away can still affect what you pay at the pump.
This week, world leaders are in Brazil for the annual U.N. climate conference to talk about how to cut planet-heating emissions. Scientists say a key way is for some fossil fuel-producing countries to ...
Could African oil-producing countries such as Nigeria and Angola increase production in the short term and thus ease global ...
The United States is pumping more oil than any country in world history. Without all that crude, Americans could already be paying $4 or even $5 a gallon for gasoline, making the energy spike caused ...
As oil prices soared to more than $100 a barrel this week, what will the economic consequences of the war in the Middle East be for African countries? Which sectors are most at risk? RFI spoke to ...
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