Saudi Arabia and Russia reaffirm their commitment to the OPEC+ agreement to stabilize the oil market, despite geopolitical challenges and Western sanctions.
Saudi Arabia and Russia reaffirm their commitment to the OPEC+ agreement to stabilize the oil market, despite geopolitical challenges and Western sanctions.
Experts are calling for a serious debate on the exploitation of unconventional resources in Mexico, believing that neglecting this opportunity would be a major strategic error.
Experts are calling for a serious debate on the exploitation of unconventional resources in Mexico, believing that neglecting this opportunity would be a major strategic error.
U.S. crude oil inventories fell by 4.9 million barrels, far exceeding analysts' forecasts. This decrease reflects a continuing trend despite an increase in refined product reserves.
U.S. crude oil inventories fell by 4.9 million barrels, far exceeding analysts' forecasts. This decrease reflects a continuing trend despite an increase in refined product reserves.
ExxonMobil and its partners launch the Hammerhead project in Guyana, targeting production of 120,000 to 180,000 barrels per day and incorporating up to 30 wells.
ExxonMobil and its partners launch the Hammerhead project in Guyana, targeting production of 120,000 to 180,000 barrels per day and incorporating up to 30 wells.
Pakistan's largest refiner, Pak Arab Refinery (PARCO), received permission to export around 50,000 tonnes of fuel oil this week due to weak domestic demand.
Pakistan's largest refiner, Pak Arab Refinery (PARCO), received permission to export around 50,000 tonnes of fuel oil this week due to weak domestic demand.
Iraq acknowledged that it had produced 184,000 barrels per day (b/d) above its OPEC+ quota in June, and pledged to offset this surplus by September 2025 through further production cuts.
Iraq acknowledged that it had produced 184,000 barrels per day (b/d) above its OPEC+ quota in June, and pledged to offset this surplus by September 2025 through further production cuts.
