Oil Prices Fall as Russia Increases Supplies, Jet Fuel Demand Worries Linger Â
Tuesday's opening hours saw a small decline in oil prices following the previous trading day's increase. ...
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CNOOC Finds Huge Oilfield of Over 100 Million Tons in South China Sea
Zhou Xinhuai, CEO and President of the Company, also stated that CNOOC had established a new ...
Global Oil Prices Drop Over 1% Following Saudi Slashes Its Prices
Saudi Arabia reduced the official selling price (OSP) of its flagship Arab Light crude to Asia ...
US to Set a Global Record for Highest Oil Production by Any Country EverÂ
The President of the United States, Joe Biden, wants to end the use of fossil fuels ...
Oil Investors are Worried About Various Concerns Amidst Oversupply in 2024Â
Global oil investors will be waiting for the supply data from the first quarter from OPEC+ ...
Exxon’s Acquisition of Pioneer for $60 billion: A Game Changer in the Shale Oil Industry
The deal would allow Exxon to enhance its output in the Permian region to the equivalent ...
How did UAE Outpace Saudi Arabia In the Oil Market?
The United Arab Emirates (UAE) has ramped up its oil production amidst global turmoil. Simultaneously, its ...
Saudi Arabia’s Oil Production Cut To Be Effective from JulyÂ
Except for Saudi Arabia, all OPEC producers have also agreed to continue decreasing the supply until ...
Saudi Arabia Further Limits US Oil Exports
Six years ago, in order to rework the market accounts for American buyers, Saudi Arabia started ...
Opec Raises 2023 Oil Demand Growth View, Points to Tighter Market
The Organisation of the Petroleum Exporting Countries (OPEC) said in their monthly report that global oil ...
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