The buoyant sentiment that characterized the U.S. shale sector in recent years is rapidly dissipating as West Texas Intermediate (WTI)…
Browsing: OPEC Announcements
India’s romance with cheap Russian oil is cooling—just a touch.Russian crude imports into India crept up 1% in the first…
State-controlled natural gas firm GAIL (India) Ltd has started discussions about buying liquefied natural gas from the proposed $44-billion Alaska…
TotalEnergies Signals Profit Headwinds Amid Q2 Price Retreat The global energy landscape is signaling a challenging second quarter for supermajors,…
European energy markets are once again grappling with significant geopolitical friction as Slovakia leverages its crucial veto power over the…
Geopolitical Tensions Escalate: Drone Strikes Halt Kurdistan Oil Output Amidst Deepening Instability The semi-autonomous Kurdistan Region of Iraq (KRI) has…
China’s Petrochemical Juggernaut Fuels Record Naphtha Demand Surge for 2025 China, the world’s leading petrochemical producer, is poised to dramatically…
MidOcean Energy, the LNG investment platform backed by Saudi Aramco, has emerged as the front-runner to acquire a significant minority…
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,…