An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.

Oil is the cornerstone of the modern global economy. Despite attempts to divert away from fossil fuels and embrace green energy alternatives, the world marked its highest annual oil consumption in ...

In this article, we are going to discuss the 16 countries with the largest proven oil reserves in the world. According to the US Energy Information Administration, proven reserves are ‘estimated ...

Add Yahoo as a preferred source to see more of our stories on Google. The International Energy Agency said Wednesday that member countries had unanimously agreed to release 400 million barrels of oil ...

Oil reserves by country: Countries that depend on oil imports or play a major role in global energy markets often maintain large emergency reserves and storage systems. These reserves act as a safety ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. September’s World oil output W/O the US increased by 692 kb/d to 72,189 kb/d. Production ...

Energy is a key catalyst for economic growth and improved quality of life worldwide, and Africa is no exception. Higher energy consumption is often linked to greater national prosperity, making access ...

When it comes to oil-rich countries, one would usually think of Middle Eastern nations like Saudi Arabia or Iraq. But what many do not know is that the country with the largest oil reserves in the ...

J. William Carpenter is an economist who writes financial topics. He is an author of published works for higher education and business clients. Thomas J. Brock is a CFA and CPA with more than 20 years ...

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. The world’s October oil production decreased by 67 kb/d ...

For decades, Africa’s natural resources have been a cornerstone of the global oil market, with the Organisation of the Petroleum Exporting Countries (OPEC) recognising the continent’s critical ...