U.S. oil demand rose in July to the highest seasonal level since 2019 while output declined for the second time
Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over OPEC’s
Russian Deputy Prime Minister Alexander Novak expects oil prices’ fluctuations will subside following volatility spurred by the tensions in the
The historic Algiers Accord, signed by OPEC Member Countries in 2016 in Algiers, Algeria, reached eight years today.
On 28 September
Asia’s gasoline margins dipped to a two-week low on Monday without any deals being concluded.
The crack fell to $4.32 per
Sometimes a headline says it all. And that was certainly the case with Thursday’s Financial Times headline. It shouldn’t have
Only 3% of crude oil and 1% of natural gas production in the Gulf of Mexico remained shut down in
Asia’s spot diesel market extended recovery into the final trading day of the month, supported by expectations of lower volumes
The three largest U.S. energy exploration companies paid more than $42 billion to foreign governments last year, about eight times
Middle East crude benchmarks rose on Monday, the final trading day of September, though spot premiums for Dubai and Oman