Browsing: OPEC Announcements

U.S. supermajors ExxonMobil and Chevron, Indonesia’s state energy firm Pertamina, and other companies from the two countries are expected to…

The bad news for China’s refiners doesn’t seem to end—faced with weaker road transportation fuel demand, plants have churned more…

Shell expects to have booked “significantly lower” trading and optimization results for the second quarter compared to the prior quarter,…

The OPEC+ producers are expected in August to agree on another superhike in production for September that would complete the…

A new oil pipeline to Canada’s Pacific coast is highly likely to make it to the federal government’s list of…

The world’s wealthiest countries should finance the energy transition of poorer countries, BRICS said in a joint statement during a…

Saudi Aramco will be selling its crude to all buyers next month, even as OPEC+ agreed to boost supply by…

OPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply…

The sudden death of Andrey Badalov, 62, vice president of state-owned pipeline giant Transneft, who fell from an elite Moscow…

The price gap that once made Russian Urals crude a go-to for Indian refiners is rapidly shrinking. Traders say the…