EIA Adjusts U.S. Energy Demand Outlook Amidst Projected Growth
The U.S. Energy Information Administration (EIA) recently published its latest short-term energy…
Harbour Energy Plans UK Workforce Reductions
Harbour Energy Plc, one of the United Kingdom’s largest independent oil and…
North American Drilling Activity Sees Week-Over-Week Reduction
North America‘s active drilling rig count experienced a notable decline this past…
OPEC+ Adopts New Production Assessment System
Saudi Energy Minister Prince Abdulaziz bin Salman announced on Monday that OPEC+…
Black Sea Oil Terminal Sustains Damage, Chevron Operations Persist
U.S. oil major Chevron announced late Sunday that crude oil loadings from…
Global Oil Prices Rise on Supply Concerns
Global oil prices, including Brent and West Texas Intermediate (WTI) crude, saw…
OPEC+ Sustains Oil Output Levels Amid Market Caution
OPEC+ has decided to maintain its current oil output levels for the…
OPEC+ Maintains Oil Production Pause
The Organization of the Petroleum Exporting Countries and its allies, collectively known…
OPEC+ Group Maintains Current Output Levels
Eight OPEC+ nations recently convened virtually. The November 30 meeting aimed to…
OPEC+ Maintains Oil Output Pause After Virtual Meeting
OPEC+ has reaffirmed its decision to pause production hikes. This action signals…