oil
-
Africa
Algeria Committed to Supporting African Countries in Oil, Gas Sectors
ALGIERS – The Algerian Minister of State, Minister of Energy, Mines and Renewable Energy, Mohamed Arkab, affirmed on Tuesday, in…
Read More » -
Energy
The Trans-Alpine Pipeline : Czech Republic’s Bold Shift in Oil Strategy
Czechia, which previously sourced nearly half of its oil via the Druzhba pipeline from Russia, has announced its shift to…
Read More » -
Algeria
SINOPEC Plans to Expand Investments in Algeria’s Energy Sector
SINOPEC International Energy Investment, a Chinese oil company represented by its subsidiary Soogl-Algeria, has expressed a strong interest in enhancing…
Read More » -
Energy
EIA Revises 2025 Oil Price Forecast Amid Lower Global Inventories and OPEC+ Cuts
The US Energy Information Administration (EIA) has raised its 2025 crude oil price forecast due to lower global oil inventories…
Read More » -
Economy
Oil: IEA Raises Demand Forecasts for 2024
In its monthly report released on Thursday, the International Energy Agency (IEA) has raised its forecast for oil demand growth…
Read More » -
Asia
CNOOC Achieves Record Oil and Gas Production from Deep Sea #1 Field
China National Offshore Oil Corporation (CNOOC) has announced a record-breaking cumulative production of nine billion cubic meters (bcm) of…
Read More » -
Economy
USA: Larger-Than-Expected Decline in Crude Oil Stocks
Crude oil stocks in the United States saw a larger-than-expected decline last week, according to data released on Wednesday by…
Read More » -
Economy
OPEC+ Members Extend Oil Supply Cuts Until End of November
Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply cuts until the end…
Read More » -
Economy
United States: Significant Drop in Oil Stocks
According to figures released on Thursday by the U.S. Energy Information Administration (EIA), crude oil stocks in the United States…
Read More » -
Finance
Gold hits record high, oil prices slide
Gold hit a record high on Friday as global stock markets diverged, with profit-taking on Wall Street while European and…
Read More »
