International1 month agoGlobal oil markets race record glut next year: IEAThe OPEC+ coalition, led by Saudi Arabia, has fast-tracked the restart of halted production Global oil markets are on track…
International2 months agoOPEC+ makes another large oil output hike in market share pushOPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series…
International2 months agoGlobal oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinionWith the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit…
International3 months agoOPEC+ Surprises With Oversized Output HikeOPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply…
Features3 months agoOGV Energy’s Middle East ReviewThe OPEC+ group of oil producers decided to continue raising collective production in June by further easing the output cuts,…
International3 months agoOil demand growth to continue, no peak in sight, OPEC Secretary General saysOil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC…
International5 months agoOPEC+ remains in control as US-China trade war shows no signs of stopping / Rystad Energy oil market updateThe US-China trade war has inched closer toward a path of no return, with the escalation between the two superpowers…
International8 months agoChevron sees 1 million barrels per day from one of the world’s biggest oil fields in this OPEC+ stateU.S. energy giant Chevron expects 1 million barrels of oil equivalent per day from Kazakhstan’s Tengiz oil field, which is…
International11 months agoCrude oil futures rise as OPEC delays production output increaseIncrease in tensions in West Asia also boosted the price of the commodity. The latest developments in West Asia have…
