Saudi Arabia is offering crude oil on the spot market in an unusual move prompted by the almost complete freeze…
Browsing: OPEC Announcements
Crude oil production from Iraq’s southern fields has dropped by 70% since the start of the U.S. and Israeli war…
Oil prices surged in early Asian trading on Monday, breaking above $100 per barrel for the first time in nearly…
India’s largest private refiner, Reliance Industries, is sounding the market for buying Russian crude, an anonymous source told Bloomberg on…
The national average price of gasoline in the United States has jumped to the highest level seen during either of…
Oil prices could soar to as much as $150 per barrel within two to three weeks if the critical Strait…
Europe’s benchmark natural gas prices were on track early on Friday for a 50% weekly jump—the biggest one-week surge since…
Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as disruptions to…
The surge in oil and LNG prices as a result of the Middle East war is testing the resilience of…
The price of fuel oil has surged this week as the stalled tanker traffic at the Strait of Hormuz is…