The U.S. shale industry is grappling with significant challenges as OPEC+ resumes previously curtailed oil production. Industry executives have described the situation as a “price war,”...
Reliance Industries, India’s largest private refiner, has issued a warning regarding the potential impact of tariff uncertainties and geopolitical developments on global crude oil markets. In...
Oil prices increased in early trading on Thursday as geopolitical tensions escalated following a new executive order from President Donald Trump. This order imposes tariffs on...
OPEC+ will finish unwinding its largest production cut next month, following a decision to increase oil output by 547,000 barrels per day (bpd) in September. This...
Oil prices increased by 2.5% following the latest meeting of OPEC+, where officials decided to maintain current production levels. The decision came during the 61st Joint...
