The United States has imposed new sanctions on 35 Iranian ships accused of clandestinely exporting oil, aiming to curb revenues financing Tehran's nuclear program and regional activities.
The United States has imposed new sanctions on 35 Iranian ships accused of clandestinely exporting oil, aiming to curb revenues financing Tehran's nuclear program and regional activities.
U.S. refineries hit record activity levels, driving an unexpected drop in crude oil stocks, while national production reaches 13.51 million barrels per day.
U.S. refineries hit record activity levels, driving an unexpected drop in crude oil stocks, while national production reaches 13.51 million barrels per day.
Despite internal disagreements, OPEC+ decided to maintain its production cuts until March 2025, extending their gradual removal to avoid a price drop in an uncertain market environment.
Despite internal disagreements, OPEC+ decided to maintain its production cuts until March 2025, extending their gradual removal to avoid a price drop in an uncertain market environment.
CNOOC Limited inaugurates its Jinzhou 23-2 oil project, the first Chinese offshore heavy oil thermal recovery initiative, targeting peak production of 17,000 barrels of oil equivalent per day by 2027.
CNOOC Limited inaugurates its Jinzhou 23-2 oil project, the first Chinese offshore heavy oil thermal recovery initiative, targeting peak production of 17,000 barrels of oil equivalent per day by 2027.
Saudi Arabia may lower its oil prices for Asian markets in January, a potential strategy to respond to weak demand and growing regional competition. A decision still pending confirmation.
Saudi Arabia may lower its oil prices for Asian markets in January, a potential strategy to respond to weak demand and growing regional competition. A decision still pending confirmation.
PetroTal finalizes the purchase of Block 131, including all assets of CEPSA Peruana. This strategic acquisition aims to strengthen the company's production and reserves in Peru.
PetroTal finalizes the purchase of Block 131, including all assets of CEPSA Peruana. This strategic acquisition aims to strengthen the company's production and reserves in Peru.
HSFO premiums in Singapore fall in December as geopolitical tensions and limited demand from Chinese refineries signal persistent volatility in marine fuel markets.
HSFO premiums in Singapore fall in December as geopolitical tensions and limited demand from Chinese refineries signal persistent volatility in marine fuel markets.
