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Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...
The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...
Oil fluctuated as traders weighed a large gain in US crude stockpiles against fresh US efforts to crimp Iranian crude exports.
War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...
WTI price gains ground amid rising supply concerns following the Houthis' attack in the Red Sea. The implementation of the US ...
11h
Khaleej Times on MSNMarket braces for sub-$60 oil as Opec+ lifts outputOver the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...
Bloomberg on MSN18h
Bell: Price Won't Affect Oil Production DecisionsOil steadied today as traders weighed signs of swelling US crude stockpiles and the fallout from President Donald Trump's ...
18h
Bangkok Post on MSNOpec production increase expected to keep oil prices lowGlobal oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.With the ...
Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab ...
OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund ...
8h
Legit.ng on MSNDangote Refinery Makes New Announcement That Affect Nigerians After Slashing Petrol PriceFG is working towards a cost-reflective tariff to address the N4 trn debt in Nigeria's power sector while ensuring energy ...
The resilience of WTI futures in the face of higher than expected output hikes from OPEC is notable. WTI Crude Oil futures held the key 65.00 psych level on the initial overnight selling last night ...
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