The all but halted flows via the Strait of Hormuz will deplete oil inventories in advanced economies, prompting a rise…
Browsing: OPEC Announcements
Liquefied natural prices on the Asia spot market surged to the highest in three years after QatarEnergy suspended production following…
Oil and fuel futures and options contracts traded on Monday hit an all-time high as traders rushed to lock in…
The war in Iran could result in production losses of over 3 million barrels daily by the end of the…
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 5.6 million barrels in…
A Russian-flagged liquefied natural gas (LNG) tanker under U.S. and UK sanctions caught fire in the Mediterranean early Tuesday following…
Canadian heavy crude rallied Tuesday as geopolitical risk in the Middle East began reshuffling global barrels in real time.Heavy Western…
Brent’s premium to the Middle East’s Dubai benchmark has blown out to its widest level since 2022, confirmation that the…
Iraq has begun curtailing oil production at key southern fields, including Rumaila, while West Qurna 2 is also shutting in…
India’s gas marketing companies have informed industrial customers they would receive lower gas supply, industry sources told Reuters, after Qatar…