Mar 11, 2024
OPEC+ Failed to Hit Its Production Target Yet Again in February
The OPEC+ group’s combined crude oil production in February was little changed from January and still above the overall output
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Mar 11, 2024
Oil Prices Start the Week Lower as Concerns About Chinese Demand Grow
Chinese oil demand is back in the spotlight, exerting pressure on oil prices to start the new trading week with
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Mar 6, 2024
Saudi Arabia Raises Oil Prices for Asia
Saudi Arabia raised the official selling prices of its crude for Asian buyers following the extension of the OPEC+ production
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Feb 20, 2024
3 Stranded Tankers with Russian Sokol Crude Heading for China
Three tankers carrying Russia Sokol oil that have been stranded due to Western sanctions have started heading towards China, Reuters reported on
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Feb 18, 2024
Russia’s Crude Processing Rates Drop in February
Russia’s daily crude oil processing has dropped by 4% so far in February compared to the first half of January,
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Feb 15, 2024
Shell Expects Global LNG Demand To Jump by 50% by 2040
Global demand for liquefied natural gas (LNG) is expected to surge by 50% by 2040, driven by higher demand from
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Feb 15, 2024
Oil Prices Steady as Middle East Conflict Intensifies on Lebanese Border
Oil prices were holding steady after initially gaining 1% on Wednesday as the Israel-Hamas conflict gained momentum in Lebanon, with
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Feb 15, 2024
India’s Natural Gas Consumption Set To Triple by 2050
India’s industry expansion and rising oil refining to meet higher fuel demand are set to drive a tripling of the
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Feb 13, 2024
Oil prices hang on to last week’s gains after rally on Middle East tensions
Oil prices were largely flat Monday after rallying more than 6% last week on escalating Middle East tensions. The West Texas Intermediate contract
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Feb 13, 2024
Aramco’s CEO Says Shareholders to Decide on Further Stock Sale
Shareholders in Saudi Aramco will decide whether the world’s largest oil firm will proceed with a new share offering this
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