Browsing: OPEC Announcements

Morgan Stanley expects OECD oil inventories to rise by no more than 165 million barrels over the next 12 months,…

Editor’s Note: While the API reported a huge crude build, Reuters data released shortly after painted a starkly different picture,…

While the industry chatters about electric dreams, General Motors is pouring $4 billion into the steel-and-combustion reality of gas-powered trucks…

The UK government has confirmed it will extend the length of its renewable energy contracts—from 15 years to 20—under the…

Non-OPEC producer Kazakhstan, which is boosting its oil output in defiance of its quotas in the OPEC+ deal, doesn’t plan…

Google has signed a $3-billion agreement to source electricity for data centers from Brookfield Asset Management’s hydropower facilities, in the…

U.S. gasoline prices climbed for a second consecutive week despite falling oil benchmarks, with the national average rising to $3.11…

Germany saw the highest number of onshore wind turbines commissioned in the first half of 2025 for eight years, but…

Africa’s top oil producer, Nigeria, is seeking a production target under the OPEC+ agreement of 2 million barrels per day…

Oil prices extended Monday’s losses into early Tuesday trade in Asia as President Trump’s threat to sanction Russian supply in…