Tag: Oil

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…

Oil prices experienced a significant decline of nearly 3% on Thursday, driven by escalating fears surrounding the U.S.-China trade war…

On Wednesday, spot fuel oil benchmarks exhibited a steady to softer trend, with attention focused on diminishing bunker demand concerns…

Legislation introduced on Wednesday by bipartisan U.S. senators aims to establish a fund specifically designed to enforce sanctions against Russia’s…