Browsing: OPEC Announcements

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…

Oil prices are set to continue their downward trajectory and slid to as low as $50 per barrel Brent by…

Chinese oil buyers have reduced their intake of Venezuelan oil as the discount between Brent and the country’s flagship Merey…

President Donald Trump will be meeting with oil industry executives this week to discuss the potential boost in Venezuelan oil…