Browsing: OPEC Announcements

China’s consumer price index (CPI) rose just 0.2% year-on-year in July, undershooting expectations and raising concerns over weak domestic consumption.…

Morgan Stanley expects OECD oil inventories to rise by no more than 165 million barrels over the next 12 months,…

Editor’s Note: While the API reported a huge crude build, Reuters data released shortly after painted a starkly different picture,…

While the industry chatters about electric dreams, General Motors is pouring $4 billion into the steel-and-combustion reality of gas-powered trucks…

The UK government has confirmed it will extend the length of its renewable energy contracts—from 15 years to 20—under the…

Non-OPEC producer Kazakhstan, which is boosting its oil output in defiance of its quotas in the OPEC+ deal, doesn’t plan…

Google has signed a $3-billion agreement to source electricity for data centers from Brookfield Asset Management’s hydropower facilities, in the…

U.S. gasoline prices climbed for a second consecutive week despite falling oil benchmarks, with the national average rising to $3.11…

Germany saw the highest number of onshore wind turbines commissioned in the first half of 2025 for eight years, but…

Africa’s top oil producer, Nigeria, is seeking a production target under the OPEC+ agreement of 2 million barrels per day…