Oil prices dipped on Friday, with weak demand in focus after the OPEC+ group postponed planned supply increases and extended
Equinor UK Ltd, a subsidiary of Equinor ASA and Shell UK Limited, a subsidiary of Shell plc are to combine
Russia is expected to produce 518-521 million metric tons (10.36-10.42 million barrels per day) of oil this year and roughly
The floater market has been a bull one the last few years, and rig rates are at decade highs. But
A single bank sold a large volume of U.S. oil futures contracts in early afternoon trading on Wednesday, a person
BP’s Tangguh LNG Train 3 is expected to return to normal operation within a fewdays following a disruption last month,
The collapse of Germany’s governing coalition risks delaying a draft law on waiving a costly gas storage levy for foreign
OPEC+ has agreed to delay plans to raise oil output until April from January 2025 and the group will also
Igor Sechin, the head of Russia’s largest oil producer Rosneft ROSN.MM, said on Thursday that the OPEC+ group’s decisions to
OPEC+ delayed a planned increase in output further into next year as it faces a weaker oil demand outlook.
The oil