Browsing: OPEC Announcements

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by another 3.674 million barrels…

The U.S. Energy Information Administration just delivered a statistical shock: July’s monthly data shows U.S. total liquids output hitting a…

OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil…

U.S. oil firm Sable Offshore Corp, which seeks to restart production offshore California via a pipeline to the coast, has…

Global oil demand growth remains strong, underpinning the OPEC+ group’s decisions of the past months to return more supply to…

China Mineral Resources Group, the state-owned Chinese iron ore buyer, has told domestic steelmakers and traders not to buy or…

UK oil and gas producer Serica Energy plc is expanding its footprint in the UK North Sea with the acquisition…

The biggest refinery in Africa, the Dangote plant in Nigeria, has become the bone of contention in a bitter labor…

Russia’s liquefied natural gas cargoes could be redirected to Turkey and Asia if the European Union makes a plan to…

Shell aims to strengthen its focus on LNG over the next decade, with chief executive Wael Sawan saying that LNG…