Browsing: OPEC Announcements

Kazakhstan cut oil production in December by more than 200 Kb/d, with output averaging 1.522 million barrels per day in…

Brent Crude prices have the potential to hit $70 per barrel over the next three months amid heightened geopolitical risks,…

China is expected to see a plunge in imports of oil from Venezuela in February as the now month-long U.S.…

ExxonMobil and Shell have decided not to proceed with a planned sale of their joint assets in the southern UK…

ExxonMobil and Shell have decided not to proceed with a planned sale of their joint assets in the southern UK…

The UK on Wednesday awarded a record-breaking 8.4 gigawatts (GW) capacity of offshore wind in its latest auction round, which…

India’s largest state-owned refiner, Indian Oil Corporation (IOC), has bought its first-ever crude from Ecuador as it seeks to replace…

BP expects to book up to $5 billion in impairments for the fourth quarter, mostly related to its energy transition…

China’s coal imports booked a decline last year, at 9.6% from 2024 to a total of 490 million tons. The…

More than two dozen sanctioned tankers have switched to a Russian flag since the start of December as a means…