World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

NEW DELHI, February 11. /TASS/. Price swings for liquefied natural gas (LNG) imported by Europe may climb to as high as $25-30 per million of British thermal units (MMBTU) or approximately $85-102 per ...

India Energy Week 2025, a major oil and gas event, will feature top CEOs and Ministers discussing energy challenges.

Pakistan plans to renegotiate its long-term LNG supply deal with Qatar to secure lower prices amid an ongoing economic crisis ...

While the GECF isn't a full cartel yet, growing cooperation among members suggests a future alliance is possible. This potential cartel's direction will depend on policy alignment among GECF members ...

Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase compared to 2023 production.

Trump urged OPEC to cut oil prices to help end the Russia-Ukraine war and drive down interest rates. Despite Trump’s request, OPEC+ is unlikely to alter its production plans. Standard Chartered ...

The OPEC Reference Basket of Crudes is made up of the following ... Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia) ...

He demanded that global interest rates be reduced and urged OPEC to lower oil prices. He also called for deregulation of banking rules. The Euro Stoxx 600 rose 0.46% to €530.50, extending a ...

WASHINGTON - Experts say U.S. President Donald Trump’s push for the OPEC+ alliance of oil exporting countries to bring down the cost of oil conflicts with the Republican leader’s own plans to ...

NEW YORK, Jan 23 (Reuters) - Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum.

The International Monetary Fund downgraded its growth forecasts for Saudi Arabia by more than any other major economy it tracks, citing the decision by the oil alliance OPEC+ to extend production ...