oil production
-
Venezuela’s Acting President Pushes Back on US ‘Orders’ in Key Speech
Acting Venezuelan President Delcy Rodríguez has publicly declared she has had “enough” of Washington’s demands, challenging the United States’ influence over Venezuela’s internal politics and economic policy, particularly regarding oil production.
-
Economic Pulse: Cubic Meters Reveal Diverse Market Dynamics
New reports from IndexBox and Rigzone, both released on January 21, 2026, highlight significant, albeit disparate, economic developments measured in cubic meters. Northern America’s wooden particle board market experienced a dramatic rebound in 2024, with consumption surging by 86% in…
-
OPEC+ Agrees to Accelerated Oil Production Hike Amid Global Demand Surge
OPEC+ nations, led by Saudi Arabia, have announced an unexpected increase in oil production by 548,000 barrels per day starting in August 2025. The move aims to capitalize on strong summer demand and reclaim market share.
-
OPEC+ Accelerates Oil Production Hike for June Amid Market Challenges
OPEC+ announces a 411,000 bpd oil production hike for June, continuing its accelerated output strategy amid falling prices and compliance concerns.
-
OPEC+ to Discuss Further Delays in Oil Output Amid Price Challenges
OPEC+ is set to convene online on Thursday to deliberate a further delay in its planned revival of oil production, a move driven by persistently low crude prices and market volatility. Led by Saudi Arabia and Russia, the alliance has…