Browsing: OPEC Announcements

Oil prices inched higher in early Asian trading on January 2, the first trading session of 2026, as geopolitical tensions…

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 has once again kicked the can down the road on its biggest oil and gas licensing round, extending the…

Crude oil exports from the Caspian Pipeline Consortium (CPC) terminal on Russia’s Black Sea coast have been suspended due to…

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…