OPEC+ crude oil production declined by 300,000 barrels per day (b/d) in August, falling to 40.73 million b/d, according to…
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OPEC+ crude oil production declined by 300,000 barrels per day (b/d) in August, falling to 40.73 million b/d, according to…
OPEC+ member countries, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, held a virtual…
BAKU, Azerbaijan, September 10. – The Organization of the Petroleum Exporting Countries (OPEC) is fully backing Azerbaijan’s cooperative approach towards…
Despite significant efforts by the government to expand wind and solar energy, natural gas and coal continue to provide more…
China’s oil demand growth has decelerated due to weaker economic conditions and a transition to electric vehicles (EVs) and LNG-fueled…
The ongoing shutdown of Libyan oil exports is benefiting several crude oil grades, including Azeri, African, and U.S. grades. However,…
Since March 25, 2023, the Federal Government of Iraq (FGI) has imposed an embargo on oil exports from the semi-autonomous…
Gunvor Group, a leading independent oil trader, achieved a record volume of crude oil and petroleum products in the first…
Morgan Stanley has once again reduced its Brent oil price forecast for the fourth quarter. Just two weeks after lowering…
Trafigura, one of the world’s largest independent oil traders, has forecasted that Brent Crude oil prices will soon drop into…
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