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.
Could African oil-producing countries such as Nigeria and Angola increase production in the short term and thus ease global ...
Recent tensions in the Middle East involving the United States, Israel, and Iran have pushed crude prices to $102 per ...
JOE ONYIUKE is the National President of the Oil Palm Growers Association of Nigeria (OPGAN) and the Vice Chairman of the ...
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.
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.
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