U.S. oil prices experienced an upward surge on Thursday following a weekly report from the Energy Information Administration (EIA), revealing…
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New Delhi (Reuters) – Recent data obtained from trade and industry sources reveals a significant transformation in India’s crude oil…
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OPEC Reports Increase in December Crude Oil Production Despite Internal Challenges
by Krystalby KrystalThe Organization of Petroleum Exporting Countries (OPEC) disclosed a surge in crude oil production for December compared to the previous…
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Petrol is one of the most widely used fossil fuels in the world. It is used to power cars, trucks,…
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Angola Signals Departure from OPEC, Citing Strained Relations and Sovereignty Concerns
by Krystalby KrystalAngola, the second-largest oil producer in Africa, has declared its intention to withdraw from the Organization of the Petroleum Exporting…
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OPEC Maintains Steady Crude Oil Production in December 2023, Nigeria Boosts Output
by Krystalby KrystalIn December 2023, the Organization of Petroleum Exporting Countries (OPEC) upheld a consistent level of crude oil production, averaging 28.05…
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Gasoline and petrol are two terms that are often used interchangeably to refer to the same fuel. However, there are…
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Angola’s Mineral Resources Minister, Diamantino Azevedo, has provided further clarification on the country’s decision to withdraw from the Organization of…
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In a move poised to resonate across the international oil markets, the Organization of the Petroleum Exporting Countries (OPEC), under…
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Heating oil is a type of fuel that is used to heat homes and buildings. It is a liquid fuel…