Insiders reveal that ADNOC is considering raising production to around 4.85-4.87 million bpd, breaking from the current OPEC ...
Brent crude futures surged 13.4% to $87.26/barrel due to Middle East tensions, OPEC cuts, attacks between Ukraine and Russia, ...
Current market volatility is being caused by the OPEC producer group rather than the conflict in the Middle East, said Union ...
CFO Wang Xin said the main barrel oil cost decreased in the first quarter of this year, mainly contributed by exchange rate ...
Japan's Mitsui & Co said on Tuesday nothing has been decided on a liquefied natural gas (LNG) project in the United Arab ...
Piper Sandler followed Wells Fargo 's lead recently by raising its price target on Devon Energy (NYSE: DVN) from $59 to $60 ...
Russian oil companies significantly increased offshore oil exports to 3.8mn barrels per day (bpd) in March 2024 amid refinery utilisation problems, up by 5% year on year and making the highest oil ...
Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.
The U.S. SPR is needed not to replace lost imports but to help moderate global prices in a crisis and minimize economic ...
Economies and markets periodically experience “sea changes” or disruptions, with oil undergoing such a conversion today, ...
Oil prices fell at Asia's open on Monday, dragged down by a renewed focus on market fundamentals, as Israel and Iran played ...