The global oil market is once again proving its unpredictable nature, with significant price fluctuations challenging even the most seasoned…
Browsing: OPEC Announcements
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 1.7 million…
The latest flare-up between Saudi Arabia and the United Arab Emirates over Yemen looks dramatic on the surface, but OPEC…
India’s ambitious drive to bolster domestic oil and gas production is facing significant headwinds, evidenced by the repeated delays plaguing…
The global energy market is once again grappling with significant supply disruptions, as crude oil exports from Kazakhstan via the…
Saudi Aramco is poised to buy a 20% stake in a new refinery that India’s state-owned refiner Bharat Petroleum Corporation…
Oil prices were holding onto gains early on Tuesday, reversing an earlier dip in Asian trade, as geopolitical risks in…
The U.S. pressure on Venezuela intensified overnight with President Donald Trump saying the United States hit a dock on a…
Three weeks after a section of the critical Nigerian pipeline Escravos–Lagos was damaged by an explosion, Nigeria’s state oil and…
Surging liquefied natural gas exports from new North American export plants likely pushed global LNG shipments in 2025 by the…