OPEC oil production fell in May to its lowest monthly level in more than two decades, according to a Reuters survey. The decline was driven by...
US crude oil reserves have fallen to their lowest level since 2004 as the energy market impacts of the war with Iran continue to expand. Meanwhile,...
US energy giant Exxon Mobil is in talks to acquire oil production rights in Venezuela, nearly two decades after the company was effectively expelled from the...
American investment fund Carlyle is reportedly considering the acquisition of the sanctioned overseas assets of Russian oil company Lukoil. Three sources familiar with the matter told...
OPEC+ countries decided to keep the production restrictions agreement in force until the end of this year, ignoring Donald Trump’s calls to lower oil prices. Meanwhile,...
Following the decision of the OPEC+ group -a group of countries made up of the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC member...
