Browsing: OPEC Announcements

Crude oil imports into China last year hit the highest ever, reaching 11.55 million barrels daily, or a total of…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 5.27 million…

Oil prices pushed higher on Tuesday afternoon, with traders weighing a familiar but combustible mix of Middle East risk and…

At the American Petroleum Institute’s annual State of American Energy event, API President and CEO Mike Sommers framed the coming…

Norway on Tuesday offered 57 new production licenses to 19 companies in the annual licensing round for acreage in the…

Iran appears to have secretly released a Greece-owned oil tanker that it had seized two years ago, data from TankerTrackers.com,…

Russia on Tuesday asserted ownership of all oil assets a state Russian company is developing in Venezuela, following the claims…

Global oil prices surged on Tuesday as markets reacted to the escalating drone strikes at the Novorossiysk terminal, which handles…

Hydrocarbons are set to meet about three-quarters of the expected 500% surge in power demand from data centers, as the…

The world’s biggest and most influential companies could unlock $1.3 trillion in annual low-carbon spending if they raised their low-carbon…