OPEC and its allies known as OPEC+ will meet on Sunday to assess the...
Asia Remains Russia’s Main Destination for Fuel Shipments
Asia remained the main destination for Russian oil exports after the European Union's embargo,...
China Likely to Contribute 40% of Global Oil Demand Growth in 2023
Following the country’s reopening, China is anticipated to contribute for approximately 40% of the...
Five Oil Giants Record Historic High of $200 Billion in Profit Last Year
The five largest oil companies in the Western continent reported a combined total profits...
Goldman Sachs Trims 4Q Oil Outlook on China New Covid Outbreaks
Increasing Covid fears in China and a lack of clarity over the Group of...
Oil Prices Gain Slightly after 4% Drop Last Night over OPEC+ Output Decision and US Crude Inventories Gain
Oil prices slightly bounced back after plunging 4% last night as U.S. data showed...