Saudi Arabia has pledged to cover any supply gap that may emerge as Iranian oil goes offline, but how much spare capacity does it really have? The massive reserve of spare capacity located in the ...

Hany Fam is founder and CEO of Markaaz, the world’s first global platform to verify and connect every small business on the planet. Throughout my career, I have operated by the core belief that, ...

The OPEC+ group continues to return modest volumes of supply to the market, cautious not to sink oil prices as demand weakens after the summer. The production hikes are estimated to be lower than the ...

Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon. There is a wide variety of opinions on ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. OPEC and allies snubbed calls from U.S. President Donald Trump to lower oil ...

MOSCOW (Reuters) - Saudi Arabia will invest $20 billion in the next few years to maintain and possibly expand its spare oil production capacity, Saudi Energy Minister Khalid al-Falih said on Thursday.

DUBAI/LONDON, Nov 9 (Reuters) - Global oil spare production capacity could diminish next year as air passengers return to the skies, removing an important cushion that the market is currently enjoying ...

As high cost production comes off line amid lower oil prices and the market starts to rebalance, the industry will have a limited capacity to increase production meaningfully if there is a sudden ...

In this post I present an analysis of how OPEC oil supplies have responded to changes in crude oil prices during the last 10 years. My objective was to estimate OPEC's probable marketable crude oil ...

Saudi Aramco CEO Amin Nasser said Tuesday that the world is misreading the oil market. Current crude prices indicate that the market is focused "on short-term economics rather than supply fundamentals ...

Crude oil topped $103 Friday morning. The last time oil was this high was Sept. 26, 2008, the last trading day before the U.S. House rejected the first bank bailout bill. Wall Street then threw a snit ...