World's largest oil company Aramco reports higher third-quarter net profit on production boost

The results come as the world's largest oil company faces a profit squeeze in a weaker crude price environment.

Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows

Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian ...

Aramco's third-quarter net profit slips on lower crude prices

Saudi Arabian oil company Aramco , the world's top oil exporter, reported a 2.3% decline in its quarterly profit on Tuesday, ...
Seeking Alpha

June World And Non-OPEC Oil Production Rise

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil ...
OilPrice.com

Saudi Arabia’s Crude Oil Exports Jumped By 400,000 Bpd in August

Saudi Arabia's crude oil exports and production surged in August, reaching a six-month high as OPEC+ increased output, but concerns about weakening global demand and reduced spare capacity loom.

Top 6 Oil-Producing States

Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.

OPEC+ makes subtle shift to mitigate potential crude oil glut

OPEC+ managed to both meet market expectations and deliver a surprise by agreeing to a small rise in crude oil output for December, but then pausing for the first quarter of next year.
Crude Oil Prices

The Coming Collapse: What Economists Miss About Oil And The Global Economy

Long-term crude oil prices are held down by growing wage and wealth disparities, which reduce the purchasing power of the middle class and thus limit demand for oil-intensive goods and services.

OPEC: Key Influences on Global Oil Prices and Supply

Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.

What a U.S. Invasion of Venezuela Would Mean for Global Oil Prices

U.S. military preparations near Venezuela risk triggering a geopolitical and energy crisis that could disrupt global oil and ...

China Is Filling Up Its Oil Reserves Fast

The cushion could protect the country from any short-term supply disruptions related to new U.S. sanctions on Russian crude.
ABP - Live on MSN

Global Oil Markets Slip After OPEC+ Freezes Production Plans

Oil prices slipped on Tuesday, as investors interpreted OPEC+’s latest production move as a signal that global supply may ...