Editors note: The API data in this article does not fully reflect Winter Storm Fern’s impact on oil markets.The American…
Browsing: OPEC Announcements
Oil prices jumped on Tuesday as the market priced in fundamentals once again, showing that when U.S. infrastructure gets punched…
Russian crude is piling up at sea as India’s refiners step back from purchases, leaving Moscow with millions of barrels…
Offers of Venezuelan crude to India are limited, and in small volumes, as most of the oil under U.S. control…
Winter storm Fern has slashed U.S. oil and gas production as operators curtailed output amid the big freeze.Over the weekend,…
Chinese state-owned giant PetroChina, which hasn’t bought Venezuelan crude since the U.S. imposed sanctions on Venezuela in 2019, is not…
India’s energy sector offers $500 billion in investment opportunities, including in exploration, refining, and LNG, Indian Prime Minister Narendra Modi…
Saudi oil giant Aramco has issued a $4-billion bond as it tapped the debt market for the first time this…
U.S. natural gas prices dipped today amid profit-taking by traders, after soaring by over 117% in the five days to…
The cold spell that swept across the United States this weekend has caused a drop in oil production of up…