Browsing: OPEC Announcements

Citi commodity analysts have downplayed the risk of a major oil supply disruption from the latest U.S. escalation against Iran,…

Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the…

Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the…

Washington is starting to ask the quiet part out loud: who, exactly, is making money off Venezuela’s oil?This week, U.S.…

Gold prices surged sharply on Thursday morning as energy markets jolted higher following fresh Iran-related rhetoric from U.S. President Donald…

Malaysia’s Petronas plans to boost exploration, deepwater development, and enhanced oil recovery over the next three years as it looks…

India’s largest private refiner, Reliance Industries, will import about 150,000 barrels per day (bpd) of non-sanctioned Russian crude from February,…

Citgo Petroleum, the U.S.-based refiner formerly owned by Venezuela’s state oil firm PDVSA, has bought its first Venezuelan crude under…

After a five-year hiatus, French supermajor TotalEnergies is formally relaunching on Thursday the $20-billion Mozambique LNG project at an event…

Sanctions from the European Union and the United States pressured Russian crude oil export revenues to a 20% decline on…