Oil prices edged lower in early Asian trade on Friday morning after the United States issued a temporary license allowing…
Browsing: OPEC Announcements
Iran’s Islamic Revolutionary Guard Corps (IRGC) warned Thursday that it could ignite a wider energy crisis across the Middle East…
The U.S. Department of Energy is launching a $1.9 billion funding effort aimed at rapidly expanding the capacity of the…
The Trump administration is weighing a rare suspension of the century-old Jones Act, an extraordinary step that Washington has historically…
Operations at the United Arab Emirates’ key oil storage and bunkering hub in Fujairah are gradually returning to normal after…
Ukraine on Thursday hit in a drone attack a key pipeline hub of Russia’s crude oil exports in the southern…
Iraq will maintain crude oil production at roughly 1.4 million barrels per day as the war disrupting the Persian Gulf…
The Middle East war is creating the biggest supply disruption in the history of the oil market as flows of…
As the Strait of Hormuz remains de facto closed for tanker traffic, Saudi Arabia is scrambling to hike its oil…
Oman has ordered the evacuation of vessels from its key Mina Al Fahal oil port, which sits outside the Strait…