Browsing: OPEC Announcements

The U.S. Treasury Department has unleashed a sweeping wave of sanctions targeting a sprawling network of companies and individuals accused…

The fuel economy standards issued under former President Biden exceeded legal authority, the U.S. Department of Transportation said on Friday.Under…

HSBC’s forecast that Brent Crude prices would remain around $65 per barrel later this year could be too optimistic as…

Spain did not import any crude oil from Venezuela in April, ahead of a U.S. deadline in May for foreign…

The UK’s upcoming industrial strategy should include action to slash energy costs which are among the highest in the world…

Stonepeak Partners, the investment firm, is reportedly in talks to take over Malaysia-based Yinson Holdings in a deal that could…

Brazil’s Petrobras will be focusing on Africa as its main growth region abroad, the company’s chief executive told Reuters in…

Crude oil prices were set for a weekly gain despite a slide earlier today, mostly on renewed optimism about U.S.-Chinese…

Libya’s eastern-based parliament has approved a 69 billion Libyan dinar ($12.7 billion) budget for its Development and Reconstruction Fund, overseen…

Japan’s top refiner, Eneos Corp, has reported an unplanned shutdown at its 77,000 bpd No.3 crude distillation unit (CDU) at…