Browsing: OPEC Announcements

General Motors will be investing $4 billion in new manufacturing capacity for internal combustion engine vehicles, signaling cooling interest in…

Crude oil prices moved lower earlier today even after the latest round of talks between the United States and China…

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

Russian President Vladimir Putin has extended a ban on the sale of Russian oil and petroleum products to buyers that…

Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a record 13.5…

As China’s natural gas demand growth slows, domestic gas producers are lobbying the authorities to raise the number of gas-fired…

Per Japanese government instructions, refiner Taiyo Oil has bought a cargo of Russia’s Sakhalin crude to ensure stable production of…

Falling oil prices have made negotiations between Aramco and Nigeria’s government more difficult over a record $5-billion loan backed by…

India saw record-high power generation from solar plants between January and April, with solar electricity output soaring by 32.4% from…

Investment firms Brookfield Asset Management and KKR could be potential bidders to buy South Korea’s third-biggest industrial gas supplier, DIG…