News

The Trump administration is preparing to issue a narrowly tailored license to Chevron Corp., allowing the oil producer to ...
WITH the upcoming meeting of OPEC+ next month in Vienna, oil markets are anxious about the group’s potential decision to ...
OPEC+ is changing its strategy and, instead of maintaining high prices, is going to take part of the market share from its ...
WTI and Brent oil prices rise ahead of Memorial Day, but geopolitical risks and OPEC’s production plans keep the market under pressure.
VIENNA, 27th August, 2019 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$59.18 a barrel on Monday, 26th August, compared with $59.67 the previous Friday, according to OPEC ...
With Memorial Day weekend underway, travelers across the region are hitting the road, many pleasantly surprised at the price they’re paying at the pump.
In the US, it added, upstream E&P liquids investment in 2024 is estimated to have dropped by 8%, y-o-y, to about $125 bn. It is expected to drop further by around 9% and 7%, y-o-y, in 2025 and 2026, ...
The crude oil market is currently experiencing increasing volatility, reflecting the intense pressure it faces from multiple fronts—ranging from bearish signals in the U.S. market, to potential ...
FUEL PRICE UPDATE - The Department of Energy has released the oil price adjustment for the last week of May 2025.