Browsing: OPEC Announcements

Discounts for Russian and Iranian crude have widened in recent weeks as China’s independent refiners have remained the only buyers…

Asia’s weak LNG demand has prompted one of the biggest exporters, Australia, to ship a cargo of the fuel as…

Shell and Greek energy and metals firm Metlen have signed a cooperation deal for LNG supply and trading, which would…

President Trump announced a massive new tariff hit on India, saying imports of solar panels to the United States would…

Reliance Industries has bought its first cargo of Venezuelan crude since 2023 from Chevron, Reuters has reported, citing shipping data,…

President Donald Trump urged information technology companies racing to expand in artificial intelligence to build their own power plants to…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 11.4 million barrels in…

Russia’s pipeline operator Transneft has cut crude intake into its system by roughly 250,000 barrels per day after damage at…

Nigeria will launch exports of a new crude grade in March as OPEC’s biggest African oil producer looks to boost…

The surge in Russian crude sales in China and the simultaneous drop in Indian demand for Russia’s oil have prompted…