Browsing: OPEC Announcements

Rising prices of Middle Eastern crudes have opened the arbitrage window for West Texas Intermediate (WTI) to flow to Asia,…

Saudi Arabia’s economy expanded by nearly 4% in the second quarter from a year earlier, thanks to rising non-oil economic…

Shell (NYSE: SHEL) posted better-than-expected earnings for the second quarter, as reduced expenses and higher marketing margins partly offset lower…

Crude oil exports from Brazil to the United States are set to resume after the White House granted tariff exemptions…

The United States and Pakistan have inked a trade deal that will involve the joint development of Pakistan’s oil resources.“We…

President Trump announced a deal that imposes a 15% tariff on imports from South Korea, a move that averts a…

Traders shouldn’t bet too much on rallying oil prices despite President Trump’s shortened deadline for Russia to reach peace with…

India’s state-run refiners have requested urgent guidance from the government in New Delhi following a social media post by U.S.…

U.S. GDP expanded at a 3% annualized rate in the second quarter, beating most forecasts and suggesting surprising economic resilience,…

Microsoft has restored its services to Indian refiner Nayara Energy, which was hit by EU sanctions earlier this month due…