Germany’s oil and fuel market is facing potential competition risks due to the current pricing methods, according to a report…
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Latest in OPEC Oil
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The North Sea crude market, which is usually quiet in December, saw record-breaking trading activity on Monday. Major oil companies…
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OPEC is likely to extend its production cuts for another month, according to Azerbaijan’s energy minister, Parviz Shahbazov, who spoke…
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Russian crude oil exports fell to a two-month low in the four weeks leading up to November 17, primarily due…
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Libya’s return to full oil production in October boosted OPEC’s total output by 466,000 barrels per day (bpd) compared to…
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Russia’s crude production in October was nearly in line with its OPEC+ target, according to recent data. The country produced…
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Oil prices surged by $1 following the weekend, opening at $73.80 per barrel when markets resumed trading. Prices continued to…
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OPEC+ efforts to manage oil supply are causing significant price volatility and making it harder for investors to plan new…
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Brent oil, one of the most significant benchmarks for global crude oil, plays a crucial role in the pricing and…
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Crude oil is one of the most critical commodities in the global economy, and predicting its future trends is a…