The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose again, this time by 2.499…
Browsing: OPEC Announcements
Ukraine is urging the G7 to slash the price cap on Russian oil to $30 per barrel, down from the…
OPEC’s expectations of global oil demand growth “remain generally optimistic,” despite recent headwinds including risks to trade and the global…
Saudi Arabia’s goal is long-term oil market stability, while the Kingdom is always ready for multiple oil price scenarios, Saudi…
Australia’s Woodside Energy, the developer of the Louisiana LNG export project, expects global natural gas demand to jump by 50%…
Chinese imports of Russian crude oil slumped to below 2 million barrels per day (bpd) in April, down by 13%,…
In a significant pivot underscoring the complex interplay between energy policy, international diplomacy, and critical infrastructure development, the Trump administration…
Continental Resources Levels $69M Fraud Allegation Against Hess Amidst Chevron Takeover Bid A significant legal battle is brewing in the…
US Firms Ink Billions with KRG, Defying Baghdad In a bold move sending ripples through the global energy sector, the…
Libya, a nation synonymous with vast hydrocarbon wealth, finds itself once again at a critical crossroads, presenting a complex risk-reward…