Tag: Oil

OPEC+ is expected to proceed with its plan to increase oil output for the second consecutive month in May, according…

OPEC+ has announced a new plan requiring seven member nations to implement additional oil output cuts in response to excess…

The United States announced new sanctions aimed at diminishing Iran’s oil exports, marking the fourth round of such measures since…

Brent crude oil prices are anticipated to average $73 per barrel in 2025, reflecting a decrease of $7 per barrel…

China’s recent dip into its crude oil stockpiles marks a significant moment, as this occurred during the first two months…

Goldman Sachs has revised its oil price forecasts for December 2025 and the average for 2026, reflecting expectations of slower…

India’s crude oil imports from Latin America and Africa saw a slight increase in February as refiners sought alternative sources…

In February, Indian refiners increased their crude oil imports from Latin America and Africa, seeking alternatives to Russian oil due…

Kazakhstan has increased its oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline, achieving a notable rise of 38% in February compared…

According to Russia’s Deputy Prime Minister Alexander Novak, global oil demand is expected to increase in the coming months as…