Browsing: OPEC Announcements

The U.S. pressure on Venezuela intensified overnight with President Donald Trump saying the United States hit a dock on a…

Three weeks after a section of the critical Nigerian pipeline Escravos–Lagos was damaged by an explosion, Nigeria’s state oil and…

Surging liquefied natural gas exports from new North American export plants likely pushed global LNG shipments in 2025 by the…

India is expected to import 1.1 million barrels per day (bpd) of Russian crude in December—volumes that would be sharply…

Venezuela has begun shutting wells that pump extra-heavy crude in the Orinoco Belt, as the U.S. blockade is squeezing shipments…

Crude oil inventories in the United States increased by 0.4 million barrels during the week ending December 19, after holding…

Chevron has unloaded Venezuelan crude oil at U.S. ports under its existing Treasury licence, according to a Bloomberg report on…

Iran’s Central Bank governor Mohammad Reza Farzin stepped down on Monday after protests erupted in Tehran and other cities following…

Following the Ukrainian drone attack that damaged a key export terminal on Russia’s Black Sea at end-November, Kazakhstan’s crude and…

The Zaporizhzhia nuclear power plant in Ukraine, which has been under Russian control since early 2022, could resume operations within…