Russian President Vladimir Putin spoke to United Arab Emirates President Sheikh Mohammed bin Zayed about OPEC+ cooperation ...
OPEC forecasts additional global refining capacity growth of 6.3 million bpd by 2029 driven by the Middle East, Asia Pacific and Africa. Seaborne crude exports from the five countries fell by 713,000 ...
The eight OPEC+ countries that pledged additional voluntary ... growth in U.S. shale and offshore U.S. Gulf of Mexico. Chevron has projected oil production growth in the Gulf of Mexico to clock ...
There are other ways Middle Eastern countries — specifically Gulf states — can mitigate ... That eventual move by OPEC "was always planned," Swanston said, "but Trump's declaration of ...
Crude prices rallied Monday after President Trump announced a 25% secondary tariff on countries that purchase ... by rising tensions in the Middle East, which could lead to disruption of crude ...
Many countries form large ... and APOC was the first company to extract petroleum from the Middle East. After the 1979 Islamic Revolution, a new regime took power that led to the withdrawal ...
He urged Gulf nations to lower oil prices ... affecting oil balances across the world as OPEC turns on the taps. “With their decision, the OPEC+ countries are meeting the demands of US President ...