News

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
OPEC was formed by five petroleum-rich countries in 1960. At the time, the global oil market was dominated by a group of multinational, Anglo-American companies known as the “Seven Sisters.” ...
In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...
The 60th edition of the bulletin, released last week by the OPEC Secretariat, highlights the refining capacities of member states as of 2024. The combined refining capacity of OPEC countries last ...