Browsing: OPEC Announcements

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 million barrels in the…

Abu Dhabi’s state oil giant ADNOC is reportedly on track to secure unconditional EU antitrust approval for its €14.7 billion…

Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost production…

Warren Buffett is retiring by the end of the year as CEO at the Berkshire Hathaway empire he has built…

Lundin Mining Corp. has declared the Filo del Sol copper discovery one of the largest in recent history, containing an…

Shell is reportedly considering a takeover bid for fellow supermajor BP, which has seen its fortunes dim recently after its…

Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output increase for…

President Trump’s newly released 2026 budget proposal aims to slash over $15 billion in federal support for carbon capture and…

The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May 5,…

The International Monetary Fund (IMF) has downgraded its economic growth forecast for the oil exporters in the Middle East to…