Tag: Oil

The U.S. Energy Information Administration (EIA) has issued a warning regarding the potential for lower oil demand due to ongoing…

Chevron’s Venezuelan oil shipments are facing significant disruption as at least two vessels, chartered by the company, have been stalled.…

Concerns about the impact of declining oil prices on the tanker market are growing. According to Gibson, the duration of…

U.S. Energy Secretary Chris Wright expressed confidence in the resilience of America’s shale industry despite recent declines in oil prices.…

Ivory Coast is positioning itself as a pivotal energy hub in West Africa with ambitious plans to expand its refining…

U.S. energy companies have significantly reduced the number of oil rigs this week, marking the largest decline since June 2023.…

Russia’s oil exporting profitability has dropped to its lowest point in two years. This decline is reflected in the netback…

Oil prices remained relatively stable on Friday; however, they are poised for a second consecutive weekly decline due to rising…

U.S. oil producers are grappling with challenging decisions regarding growth and capital returns, as oil prices have recently fallen below…

In March, OPEC’s oil output witnessed a decline, primarily driven by drops in supply from Venezuela and Iran due to…