Browsing: OPEC Announcements

BP’s 440,000-barrel-per-day Whiting refinery in Indiana is in the process of restarting after severe flooding disrupted operations earlier this week,…

Russia’s Far East is grappling with acute fuel shortages after a new wave of Ukrainian drone strikes forced multiple refineries…

South Korea is urging its struggling petrochemicals sector to slash excess capacity and restructure operations amid a global glut that…

Global oil demand jumped in June by more than 1 million barrels per day (bpd) from May, while production growth…

Ithaca Energy, one of the biggest independent oil and gas companies in the UK North Sea, raised its 2025 production…

Despite continued pressure from the United States over crude supply from Russia, Indian state refiners have returned to the spot…

Crude oil flows from Russia to Slovakia and Hungary have been restored after a Ukrainian attack suspended exports earlier this…

The U.S. Environmental Protection Agency may issue a host of waivers for biofuel blending mandates for small refiners, countering a…

The Chinese government is planning to reduce the number of oil refiners and petrochemicals producers in the country in a…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 2.4…