Browsing: OPEC Announcements

Venezuela’s supply of Russian naphtha is at risk of crumbling, threatening the South American country’s crude exports, after U.S. President…

The newly proposed Western Gateway Pipeline, planned to ship fuels from Midwest refineries all the way to California, is gathering…

The world’s coal demand is on track to hit a record high this year as policy shifts, weather, and fuel…

India continued to import Russian crude at a rate of over 1 million barrels daily this month, despite U.S. sanctions…

Oil prices should improve next year, driven by healthy demand, TotalEnergies’ chief executive Patrick Pouyanne told Bloomberg, noting that a…

Commodity trading major Vitol will provide $2 billion in loans for the Ugandan government, to be used for energy infrastructure…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw yet another large draw, this…

Saudi Arabia’s Midad Energy has emerged as one of the leading contenders to buy Russian oil major Lukoil’s international assets,…

Venezuela’s state oil company PDVSA is facing wider crude discounts, stuck cargoes, and growing pressure from buyers to rewrite trading…

The price of Russia’s crude has tumbled over the past three months to its lowest level since Russia invaded Ukraine…