What is OPEC and how does it shape global oil markets?

OPEC is network of oil-producing nations formed in 1960 with the aim of stabilising oil prices in ways that reduce ...

Hormuz crisis twist: Afghanistan finds oil reserves, begins extraction

Afghanistan has started extracting crude oil from a newly developed field in the Amu Darya basin in Jowzjan province.
Pajhwok Afghan News

Oil extraction begins from 5 new wells in Amu Darya basin in Jawzjan

The Ministry of Mines and Petroleum (MoMP) says oil extraction has been launched from five wells in the Zmarotsai area of the ...
inforum

Millions more barrels of oil remain untapped in western North Dakota, state geologists say

BISMARCK — A “significant” amount of undeveloped oil resources remain deep in the northwestern portion of North Dakota’s Bakken Petroleum System, state experts say. According to studies conducted by ...