Browsing: OPEC Announcements

Saudi Arabia has cut the price of its flagship crude grade Arab Light loading for Asia in February, in the…

Italy’s Eni and Spain’s Repsol, two of the largest European energy companies, are struggling to recover about $6 billion from…

Oil prices are set to continue their downward trajectory and slid to as low as $50 per barrel Brent by…

Chinese oil buyers have reduced their intake of Venezuelan oil as the discount between Brent and the country’s flagship Merey…

President Donald Trump will be meeting with oil industry executives this week to discuss the potential boost in Venezuelan oil…

Reliance Industries, India’s biggest private refinery operator, has not received any Russian oil cargoes over the past three weeks and…

Oil prices edged lower in early Asian trading on Tuesday as markets weighed the possibility of higher Venezuelan crude output,…

Denmark’s prime minister Mette Frederiksen has warned that U.S. President Donald Trump is serious about taking over Greenland, adding that…

The U.S. Energy Information Administration has revealed that global oil supplies exceeded demand in 2025, leading to a sharp decline…

Billionaire Harold Hamm’s Continental Resources will buy assets from Argentina’s Pan American Energy, Bloomberg reported on Monday, in the latest…