The Most Up-to-Date oil production News

JPMorgan says oil prices could fall to $30 a barrel in 2027
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JPMorgan says oil prices could fall to $30 a barrel in 2027

Global brokerage firm estimates oversupply could bring the price down from current level of around $62

Pakistan’s OGDCL gets PKR 7.7B as circular debt payment
Business

Pakistan’s OGDCL gets PKR 7.7B as circular debt payment

Company announces discovery of gas/condensate in Sindh

OGDC earnings drop 19% on lower output, oil prices
Markets

OGDC earnings drop 19% on lower output, oil prices

Pakistan’s largest E&P firm reports PKR 184.8 billion FY25 profit, down from last year

OPEC+ agrees to another large oil output hike
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OPEC+ agrees to another large oil output hike

Group had been curtailing production for several years to support oil prices before reversing course

Gas price hike offers relief to Pakistan's exploration and production sector
Markets

Gas price hike offers relief to Pakistan's exploration and production sector

OGDC, PPL, POL earnings dip on lower oil prices, production

An overview of Iran's main gas field and oil infrastructure
Partner

An overview of Iran's main gas field and oil infrastructure

Iran has partially halted output from its South Pars field, the world’s largest gas reserve shared with Qatar beneath the Gulf