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The rapid escalation between Iran and Israel threatens the stability of world oil markets, with serious implications for maritime trade and energy security.
The rapid escalation between Iran and Israel threatens the stability of world oil markets, with serious implications for maritime trade and energy security.
OPEC predicts increased oil consumption in 2024, driven by transport and industrial growth, particularly in Asia and the Middle East.
OPEC predicts increased oil consumption in 2024, driven by transport and industrial growth, particularly in Asia and the Middle East.
ExxonMobil announces major restructuring in Normandy with job cuts and the sale of its assets in the south of France. An uncertain period for employees and the local economy.
ExxonMobil announces major restructuring in Normandy with job cuts and the sale of its assets in the south of France. An uncertain period for employees and the local economy.
In the week ending April 5, US crude oil inventories rose significantly, far exceeding analysts' expectations, with immediate repercussions for market prices.
In the week ending April 5, US crude oil inventories rose significantly, far exceeding analysts' expectations, with immediate repercussions for market prices.
The latest OPEC+ data show a slight rise in production in March, despite Saudi efforts to ensure strict compliance. S&P Global's analysis points to a potentially volatile market.
The latest OPEC+ data show a slight rise in production in March, despite Saudi efforts to ensure strict compliance. S&P Global's analysis points to a potentially volatile market.
BP forecasts higher production and robust oil and gas sales for the first quarter, with financial results due on May 7.
BP forecasts higher production and robust oil and gas sales for the first quarter, with financial results due on May 7.
Tensions between Israel and Iran caused a significant rise in oil prices, the highest since October.
Tensions between Israel and Iran caused a significant rise in oil prices, the highest since October.
After four years of construction and expenditures exceeding $34 billion, the Trans Mountain pipeline expansion will enter commercial service on May 1, 2024, marking a major turning point for access to Canadian oil export markets.
After four years of construction and expenditures exceeding $34 billion, the Trans Mountain pipeline expansion will enter commercial service on May 1, 2024, marking a major turning point for access to Canadian oil export markets.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.
Ukraine's drone attacks on Russia are affecting an illicit oil trade in Libya, already a source of political tension.
Ukraine's drone attacks on Russia are affecting an illicit oil trade in Libya, already a source of political tension.