News

By Wendell Roelf CAPE TOWN, August 14 (Reuters) -Optimistic over Angola’s untapped gas potential, Azule Energy is considering ...
ASTANA – Kazakhstan produced an average of 1.827 million barrels of oil per day in July, down 36,000 barrels from June, ...
IEA: Global supply is set to surge while demand growth stays weak, with inventories potentially building at nearly 3 million ...
BofA said, however, Brent oil price could rebound above $70/bbl by the summer of 2026 due to a combination of easier global monetary policy, a weaker dollar, more disciplined OPEC+ production and ...
OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...
Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...
Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected ...
The sluggish demand clashes with a surge of production from Opec. The IEA said Opec’s push to boost global oil supply would ...
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...