IMF Downgrades MENA Growth Forecasts Due to Gaza Conflict, Lower Oil Output
The fund projects that if the Israel-Gaza conflict slows down in Q1 2024, then the growth ...
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Russia Prefers to Keep Oil Output Unchanged Ahead of OPEC+ MeetingÂ
Russia has little to no extra advantage by reducing its oil supply like its Arab counterparts ...
Daily oil output increased by additional 6,800 barrels with the new onshore wells in Turkey.
The oil discovery that made Turkey regain the strength was announced on Thursday by President Tayyip ...
Oil price picks up over 2% after OPEC+ kept Output targets steady
The Organization of Petroleum Exporting Countries (OPEC) and allies including Russia, together called OPEC+ on Sunday ...
Trans Mountain Expansion Pushes a New Era for Canada’s Oil Exports
Since the Trans Mountain expansion, it has almost tripled the capacity of Canada’s only oil pipeline ...
Oil Prices Record Weekly Loss Despite Global Supply Set To Expand
Oil prices edged higher but were prepared for a weekly loss, as a potential increase in ...
Oil Prices Drop 0.1% to $76.13 Amid US-China Trade Tariffs
The Brent oil futures dropped 0.1% to $76.13 a barrel. In the latest development in global ...
BP’s New Strategy Shifts from Green Energy to Oil Profits, Angering Environmentalists
BP invested $2.5 billion (ÂŁ1.9 billion) in biofuels, hydrogen, EV charging, and renewable energy. BP has ...
Global Oil Demand Growth Is At its Slowest, Driven by China’s Decline
Oil prices fell below $70 per barrel in London on Wednesday for the first time since ...
Venezuela’s Controversial Election and Its Global Impact on Oil Markets
Venezuela made efforts to boost their oil capacity and conduct the leadership of Opec with Saudi ...
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