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Faced with falling oil prices, OPEC+ has announced major production cuts for 2024, led by Saudi Arabia and Russia.
Faced with falling oil prices, OPEC+ has announced major production cuts for 2024, led by Saudi Arabia and Russia.
Oil prices significantly increase after a statement by U.S. President Joe Biden mentioning potential strikes against Iranian oil infrastructures, raising concerns about global supply.
Oil prices significantly increase after a statement by U.S. President Joe Biden mentioning potential strikes against Iranian oil infrastructures, raising concerns about global supply.
Brent crude oil prices hit their lowest level since March 2023. OPEC+ postpones production increases, but the market remains skeptical in the face of flagging demand.
Brent crude oil prices hit their lowest level since March 2023. OPEC+ postpones production increases, but the market remains skeptical in the face of flagging demand.
OPEC+ agrees to increase the United Arab Emirates' oil production quota, allowing them to pump an additional 300,000 barrels per day from January 2025.
OPEC+ agrees to increase the United Arab Emirates' oil production quota, allowing them to pump an additional 300,000 barrels per day from January 2025.
The US Congress, through Democratic Representative Frank Pallone, has launched an investigation into possible collusion between oil companies to manipulate gas prices, highlighting potentially anti-competitive practices and their impact on consumers.
The US Congress, through Democratic Representative Frank Pallone, has launched an investigation into possible collusion between oil companies to manipulate gas prices, highlighting potentially anti-competitive practices and their impact on consumers.
TotalEnergies announces the launch of an oil project offshore Angola, targeting production of 70,000 barrels per day by 2028.
TotalEnergies announces the launch of an oil project offshore Angola, targeting production of 70,000 barrels per day by 2028.
The International Energy Agency adjusts its oil demand forecasts for 2024, reflecting a slowdown in Europe and OECD countries.
The International Energy Agency adjusts its oil demand forecasts for 2024, reflecting a slowdown in Europe and OECD countries.
An Iraqi official confirms Iraq's support for the extension of current OPEC+ quotas, despite the oil minister's initial statements on the refusal of further cuts.
An Iraqi official confirms Iraq's support for the extension of current OPEC+ quotas, despite the oil minister's initial statements on the refusal of further cuts.
OPEC+ oil production is falling, with Russia stepping up cuts despite attacks and compliance challenges that continue to cause tension within the group.
OPEC+ oil production is falling, with Russia stepping up cuts despite attacks and compliance challenges that continue to cause tension within the group.

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