Browsing: OPEC Announcements

Slovakia would drop its veto on the EU’s new sanctions against Russia if it receives an exemption to continue importing…

Several oilfields operated by foreign companies in Iraq’s semi-autonomous region of Kurdistan have halted production in the past few hours…

Expanding petrochemicals production and uncertainty about imports of U.S. ethane and propane amid the trade row are expected to boost…

MidOcean Energy, the LNG investment platform backed by Saudi Aramco, has emerged as the front-runner to acquire a significant minority…

China’s consumer price index (CPI) rose just 0.2% year-on-year in July, undershooting expectations and raising concerns over weak domestic consumption.…

Morgan Stanley expects OECD oil inventories to rise by no more than 165 million barrels over the next 12 months,…

Editor’s Note: While the API reported a huge crude build, Reuters data released shortly after painted a starkly different picture,…

While the industry chatters about electric dreams, General Motors is pouring $4 billion into the steel-and-combustion reality of gas-powered trucks…

The UK government has confirmed it will extend the length of its renewable energy contracts—from 15 years to 20—under the…

Non-OPEC producer Kazakhstan, which is boosting its oil output in defiance of its quotas in the OPEC+ deal, doesn’t plan…