Saudi Arabia’s oil exports through its Yanbu port on the Red Sea are projected to reach a record high of…
Browsing: OPEC Announcements
Oil and natural gas markets surged after Iran signaled it could retaliate against key regional energy infrastructure following reported strikes…
Oil prices surged sharply on Wednesday as the Iran conflict continued to disrupt flows through the Persian Gulf, with the…
India is winning the competition with China to attract Russian crude cargoes with vessels turning mid-voyage away from their previous…
Equinor has made an oil discovery in a wildcat well in a prospect close to the giant Johan Castberg field…
A total of some 90 ships have passed through the Strait of Hormuz since the U.S. and Israel started bombing…
A pipeline leak at Libya’s largest oil field, Sharara, caused a fire on Thursday, prompting a redirection of the flow…
The governments of Iraq and the semi-autonomous region of Kurdistan have reached an agreement on the terms to restart the…
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.556 million barrels in…
Germany is clamping down on fuel price hikes amid war-driven oil volatility that is stressing Europe’s largest economy.The government approved…