Energy OPEC+ leaves ’25-26 oil forecast unchanged Aya Anwar Jan 15, 2025 0 OPEC+ forecasts global oil demand to remain unchanged at 1.4 million barrels per day (mb/d) for both 2025 and 2026,…
Commodities S. Arabia to reduce crude oil supply to China in Feb Aya Anwar Jan 9, 2025 0 Saudi Arabia's crude oil shipments to China are set to decline in February as higher prices and extended OPEC+…
Commodities S. Arabia raises oil prices for Asia Aya Anwar Jan 6, 2025 0 Saudi Arabia's Aramco, the world's top oil exporter, decided on Monday to increase oil prices for Asian buyers in…
Commodities BPCL diversifies oil sources amid reduced Russian supplies Aya Anwar Dec 30, 2024 0 India's state-run Bharat Petroleum Corp (BPCL) is turning to Middle Eastern crude to offset declining Russian oil…
Featured Iraq targets 20% gas flaring reduction by ’24 Aya Anwar Dec 26, 2024 0 Iraq, OPEC’s second-largest oil producer, aims to cut gas flaring to 20 per cent by the end of 2024, leveraging new…
Commodities OPEC+ sees 3.1% global growth in ’24, oil demand up 1.6 mb/d Aya Anwar Dec 11, 2024 0 The Organization of the Petroleum Exporting Countries (OPEC+) has maintained a solid global economic outlook, with…
Energy S. Arabia cuts oil prices for Asia Aya Anwar Dec 8, 2024 0 Saudi Arabia has announced significant cuts to oil prices for Asian buyers, exceeding market expectations, as the…
Featured OPEC+ extends oil production cuts to 2026 Yomna Yasser Dec 5, 2024 0 A group of OPEC+ nations, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan,…
Featured Oil stable on Wednesday Aya Anwar Dec 4, 2024 0 Oil prices stabilised after their biggest gain in over two weeks, as OPEC+ moved closer to delaying supply…
Stocks S. Korea’s turmoil fallout impacts Asian shares Nada Ali Dec 4, 2024 0 Asian stocks fell on Wednesday and currencies were unstable as traders tried to navigate the political turmoil in…