News

Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...
U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
Oil exporting group Opec+ has announced a further unwinding of production cuts, but the impact on tanker demand may be more ...
Saudi Arabia, Iraq, Kuwait, Kazakhstan, Oman, Algeria, Russia and the United Arab Emirates -- referred to as OPEC's Group of 8 -- announced 2.2 million b/d of voluntary cuts in November of 2023, and ...
Oil steadied after a two-day gain as rains slowed the growth of some blazes which had disrupted Canadian crude production.
Oil prices jumped more than 3% on Monday as OPEC+ agreed to raise production by the same amount in July as in the previous ...
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