Browsing: OPEC Announcements

Tanker markets staged a comeback in August, and this time the rebound wasn’t subtle. Suezmax rates shot up 34% month-on-month,…

OPEC’s view of global oil demand growth was left unchanged as of today’s September Monthly Oil Market Report, at 1.3…

Saudi Arabia’s crude shipments to China are expected to rebound in October to a level with the August volumes of…

Iraq plans to build an oil pipeline to Oman as OPEC’s second-largest producer seeks to boost exports and diversify export…

Russia’s crude and fuel export revenue slumped by $920 million in August compared to July, the International Energy Agency (IEA)…

Aramco has urged Asian buyers to buy more Saudi crude for October loading after the world’s top crude exporter slashed…

India is set to launch a nationwide carbon capture and storage program with government incentives of up to 100% of…

Cnergyico, the biggest refiner in Pakistan, is set to hike its exports of fuel oil by up to 40% in…

The European Union is not ready to slap tariffs on India and China for their continued buying of Russian oil,…

JERA is considering joining companies making commitments for purchases of liquefied natural gas from the Alaska LNG project, Reuters has…