Browsing: OPEC Announcements

Puerto Rico has temporarily shut most of the power generators on the island after not receiving an LNG shipment from…

China’s crude oil imports surged to 12.14 million barrels per day in June, marking a 7.4% year-on-year increase, driven by…

Peak summer heat across Northeast Asia is prompting a surge in liquefied natural gas (LNG) demand, forcing slower flows to…

Global crude benchmarks edged sideways in early-morning trading on Monday as the oil market awaited an official statement from President…

India has sharply increased its crude oil imports from the United States and Brazil in the first half of 2025,…

After two years of playing the role of OPEC+ model citizen, Saudi Arabia has decided it’s time to loosen the…

Russia’s export revenue from crude oil and petroleum products slumped by 14% in June compared to the same month last…

India should boost its petrochemicals production to meet local demand and counter China’s growing global lead in the sector, a…

Shell has received environmental authorization to drill up to five deepwater wells to explore for oil and gas off the…

Lower oil and gas prices are expected to dent the second-quarter earnings at BP, despite higher output and stronger refining…