Four-week average flows slipped by about 150,000 barrels a day in the period to Nov. 17, driven lower by the biggest drop in ...
Donald Trump wants America to dominate the global oil market. But his plans to boost production come as demand for the fossil ...
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Oman’s economy continues to expand, but the Gulf nation must advance its efforts to raise non-hydrocarbon revenue to ensure sustainable growth, the International Monetary Fund has said. Economic ...
OPEC+ leaders emphasized the need for a strategic approach to support oil prices, which have seen significant fluctuations in the past year. Current benchmarks for crude oil have hovered around $80 ...
Geography and a flight’s latitude have a strong influence on whether a contrail is warming. Flights over North America, ...
Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron , has reduced oil output by around 21% on average since Oct. 26 to 62,600 metric tons per day, or 496,200 barrels per day, three ...
Amidst further uncertainties about global oil supply and demand with President Trump, OPEC+ may have to tweak their ...
OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...
Oil prices fell by more than 2% on Monday after China's latest stimulus plan disappointed investors seeking demand growth in ...
Regardless of geopolitical uncertainties and the recent election outcome, persistent trends in oil markets are likely to shape the outlook ahead', Rystad stated in a market update sent to Rigzone.
0940 GMT – OPEC+ would have to further delay its planned output hike to curb the anticipated global supply surplus next year, according to BMI analysts. The cartel and its allies pushed back their ...