Browsing: OPEC Announcements

India is expected to import 1.1 million barrels per day (bpd) of Russian crude in December—volumes that would be sharply…

Venezuela has begun shutting wells that pump extra-heavy crude in the Orinoco Belt, as the U.S. blockade is squeezing shipments…

Crude oil inventories in the United States increased by 0.4 million barrels during the week ending December 19, after holding…

Chevron has unloaded Venezuelan crude oil at U.S. ports under its existing Treasury licence, according to a Bloomberg report on…

Iran’s Central Bank governor Mohammad Reza Farzin stepped down on Monday after protests erupted in Tehran and other cities following…

Following the Ukrainian drone attack that damaged a key export terminal on Russia’s Black Sea at end-November, Kazakhstan’s crude and…

The Zaporizhzhia nuclear power plant in Ukraine, which has been under Russian control since early 2022, could resume operations within…

CNOOC Ltd, China’s top offshore crude oil and natural gas producer, has announced the discovery of a major new oilfield…

Saudi Arabia is expected to further lower the price of its crude oil bound for Asia in February, as global…

China’s exports of electric vehicles surged by 87% in November from a year earlier, with Asia and Europe taking the…