Browsing: OPEC Announcements

The currencies of several major Asian oil importers are ripe for depreciation with the spike in international crude oil prices,…

The European Union should be open to re-evaluating the ban on Russian gas imports it is currently seeking to enforce…

The world’s biggest banks raised their combined financing for fossil fuels by more than one-fifth last year, bucking a falling…

Mitsubishi Corp. is about to acquire the shale and pipeline assets of Aethon Energy Management and is ready to pay…

Crude oil prices are flat in early trading in the absence of news that oil supply from the Middle East…

Iraq’s crude oil exports to the United States surged past 5 million barrels in May, marking Baghdad’s highest monthly volume…

In a dramatic escalation with sweeping implications for the U.S. nuclear industry, President Donald Trump has removed Nuclear Regulatory Commission…

As the confrontation between Israel and Iran intensifies, global oil and gas markets are on high alert—but not yet in…

Oil prices dropped nearly 4% on Monday, erasing much of last week’s conflict-driven gains, as traders reacted to signs of…

OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part…