Why Venezuela Can’t Pump Its Oil, Despite World's Largest Reserves

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...
Crude Oil Prices

New OPEC Plan Sets Off a Global Race for Spare Capacity

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum sustainable production capacity. This new mechanism will be used to determine ...
Seeking Alpha

Saudi Arabia May Be Producing Oil At Close To Maximum Real Capacity, Repeat Of 2008 Likely

With the OPEC+ production hikes, Saudi Arabia may have reached its maximum sustained output capacity, setting up for a repeat of the 2008 failure to increase output when called on. Despite what ...
Reuters

OPEC+ members to undergo annual oil capacity audit under new plan, sources say

LONDON/MOSCOW, Dec 2 (Reuters) - OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ sources said, to ensure that the group sets ...
Forbes

A Unified Framework For Inventory Optimization And Capacity Management

Modern supply chain operations present companies with two essential challenges: managing inventory levels properly to prevent excessive and insufficient stock and maintaining production capacity that ...