Browsing: OPEC Announcements

Oil prices extended losses in early Asian trade on Wednesday as President Trump claimed that Venezuela would be “turning over”…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a dip of 2.8 million…

Venezuela’s beleaguered oil export system is narrowing rapidly around Chevron as shipments to its largest traditional customer in China remain…

Shell is making a quiet but pointed return to Angola’s offshore oil patch, signing a deal to acquire a 35%…

The most traded U.S.-listed oil exchange-traded funds opened higher on Tuesday, closely tracking a small rise in oil futures, as…

Some of the biggest international oil trading houses, including Trafigura Group, will discuss with the U.S. Administration returning to oil…

U.S. oil companies could be “up and running” in Venezuela’s oil sector within 18 months, U.S. President Donald Trump told…

Venezuela’s state oil firm PDVSA has been unable to ship oil cargoes to Asia for the fifth consecutive day on…

Saudi Arabia has cut the price of its flagship crude grade Arab Light loading for Asia in February, in the…

Italy’s Eni and Spain’s Repsol, two of the largest European energy companies, are struggling to recover about $6 billion from…