Browsing: OPEC Announcements

The U.S. federal government will extend a sanction waiver allowing Chevron to keep doing business in Venezuela by another 60-days…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose again, this time by 2.499…

Ukraine is urging the G7 to slash the price cap on Russian oil to $30 per barrel, down from the…

OPEC’s expectations of global oil demand growth “remain generally optimistic,” despite recent headwinds including risks to trade and the global…

Saudi Arabia’s goal is long-term oil market stability, while the Kingdom is always ready for multiple oil price scenarios, Saudi…

Australia’s Woodside Energy, the developer of the Louisiana LNG export project, expects global natural gas demand to jump by 50%…

Chinese imports of Russian crude oil slumped to below 2 million barrels per day (bpd) in April, down by 13%,…

The Trump administration has given the go-ahead to an offshore wind power project in New York that it suspended a…

Energy independent Continental Resources has accused sector player Hess Corp of fraud to the tune of $69 million in a…

The Kurdistan Regional Government (KRG) in northern Iraq has formalized two major energy agreements with U.S. firms HKN Energy and…