OPEC+ production hikes may strain Saudi output; learn how this could impact oil markets and discover timely investment ...
Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in ...
The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...
OPEC+ managed to both meet market expectations and deliver a surprise by agreeing to a small rise in crude oil output for December, but then pausing for the first quarter of next year.
With apologies to Rene Descartes, to know what OPEC+ really thinks, pay attention to what it does rather than what it says.
Interestingly, GEIL’s first indigenous crude oil terminal has now changed the foreign dominance of the terminal system, as the country can now beat its chest and compete favourably in the oil and gas ...
The cushion could protect the country from any short-term supply disruptions related to new U.S. sanctions on Russian crude.
The simultaneous decline in both oil price and the U.S. dollar it is priced in is likely to have a net positive impact on ...
With the announcement of plans to shut down two oil refineries in California, consumers — as well as oil producers and businesses — could expect to see higher gas prices in the future. A year ...
With global oil prices plunging to around $64 per barrel, well below Nigeria’s $75 budget benchmark, the country faces ...
Gasoline prices have fallen to just over $3 per gallon. That’s good news for consumers and the Trump administration after ...
Russia has raised its oil production close to the ceiling in the OPEC+ deal, Russian Deputy Prime Minister Alexander Novak said on Wednesday. “Production is growing... Just as we are unable to ...