Browsing: OPEC Announcements

Millions of British households face higher energy bills this autumn as the energy market regulator raised the Energy Price Cap—the…

China is expected to see in August its tenth straight month of falling LNG imports from a year earlier, as…

Nigeria would like to see Brazil’s Petrobras return to its oil fields after a five-year absence, Nigerian media reported, citing…

Venezuela’s government is deploying vessels to the Gulf of Venezuela in response to the U.S. federal government’s move to deploy…

Goldman Sachs commodity analysts expect Brent crude to slump to the low $50s next year, citing an expected oversupply of…

China’s industrial sector remains under pressure, as total profits among large-scale industrial enterprises slid 1.7% year-over-year in the January–July period,…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, dropping by 974,000…

Russia’s fuel oil shipments went mostly to Saudi Arabia and India in July as Asia and the Middle East remain…

PetroChina has agreed to buy three natural gas storage facilities from its state-owned parent CNPC for ¥40 billion (US$5.59 billion),…

India is dusting off its idle gas-fired power plants, not because they’re suddenly cheap, but because peak demand in the…