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U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
Kazakhstan’s state oil firm KazMunayGas is exploring yuan-denominated bonds and Arab debt markets for cheaper financing, ...
Saudi Arabia, Iraq, Kuwait, Kazakhstan, Oman, Algeria, Russia and the United Arab Emirates -- referred to as OPEC's Group of 8 -- announced 2.2 million b/d of voluntary cuts in November of 2023, and ...
Oil exporting group Opec+ has announced a further unwinding of production cuts, but the impact on tanker demand may be more ...
Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited ...
ASTANA. June 4 (Interfax) - Kazakh Deputy Energy Minister Yerlan Akkenzhenov met with OPEC Secretary-General Haitham Al Ghais in Astana, the Kazakh Energy Ministry's press service said.
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