Browsing: OPEC Announcements

Canada’s new Prime Minister, Mark Carney, suggested he would support a new pipeline project if there is consensus about it,…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.287 million barrels in…

Oil prices jumped 3% on Tuesday after the U.S. and China agreed to a 90-day pause on new tariffs, easing…

The U.S. State Department rolled out another round of sanctions Tuesday targeting an Iranian oil smuggling network allegedly responsible for…

The United States and Saudi Arabia signed an economic partnership agreement and a number of energy deals between Saudi oil…

U.S. LNG exporter Venture Global more than doubled its first-quarter revenue from a year earlier as its Plaquemines and Calcasieu…

Supply chain constraints and higher cost have forced energy companies to withdraw eight projects to build gas-fired power plants in…

Brazil’s state oil firm Petrobras will pay $2.1 billion in dividends for the first quarter after posting a jump in…

Tripoli descended into chaos Monday following the reported assassination of Abdel Ghani al-Kikli, known as “Gheniwa,” the powerful commander of…

Goldman Sachs analysts have reportedly suggested that OPEC+ is likely to pause further oil production increases due to deteriorating global…