Browsing: OPEC Announcements

Mining and commodity trading giant Glencore booked a higher net loss for the first half of 2025 compared to the…

Canadian oil heavyweight Suncor Energy reported higher-than-expected earnings for the second quarter, booking a net result of $820 million and returning…

Indian power generators are using more coal from inventories rather than buying new supply from Coal India amid a decline…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 4.2…

The Trump administration is reportedly considering new sanctions targeting Russia’s so-called “shadow fleet” of oil tankers if President Vladimir Putin…

U.S. President Donald Trump said Tuesday that a further drop in energy prices could force Russian President Vladimir Putin to…

U.S. electric utility giant Duke Energy has agreed to sell an indirect 19.7% stake in its Florida business to infrastructure…

Marathon Petroleum (NYSE: MPC), the biggest U.S. refiner by volumes, topped the average analyst estimates for second-quarter earnings, on the…

ExxonMobil and the government of Trinidad and Tobago have agreed terms under which the Caribbean nation will award seven ultra-deep…

Australia’s federal government and the South Australian and Tasmanian state governments are injecting a funding package into two struggling smelters…