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OPEC’s Oil Revenues Slumped 18% Last Year as Prices Eased
Bloomberg· 6 days agoOPEC said its oil revenues slumped by 18% last year, as crude prices cooled and the group embarked...
Cash-Rich Energy Traders Are Snapping Up Refineries From Big Oil
Bloomberg via Yahoo Finance Canada· 4 days ago(Bloomberg) -- Commodities traders flush with cash are buyingoil refineries that energy majors are...
Oil Gains With Focus on China's Economy and Geopolitical Risks
Financial Post· 7 days agoBrent traded above $85 after rising almost 6% last month, while West Texas Intermediate was around...
Will OPEC+ Ever Rein In Its Non-Compliant Members?
Oilprice.com via Yahoo Finance Canada· 4 hours agoOPEC+ faces ongoing challenges as several members, including Iraq, Kazakhstan, and Russia, consistently exceed their oil production quotas, undermining the group's efforts to balance the market.
Saudi Crude Shipments Plummet to Pandemic-Era Levels
Bloomberg· 3 days agoKingdom seems to have ceded markets to Russia as the price to pay for keeping OPEC+ alliance together. Have a confidential tip for our reporters? Saudi...
OPEC+ Oil-Production Cheats Show Little Sign of Making Compensation Cuts
Financial Post· 4 days agoIraq and Kazakhstan — members of the OPEC+ coalition that is paring crude output to defend prices —...
Russian Government’s Oil Revenue Was Up Almost 50% in June
Bloomberg· 5 days agoHave a confidential tip for our reporters? Russia’s government revenue from the oil industry was...
Indonesia Says 2025 Budget Deficit May Be Smaller Than Expected
Financial Post· 4 days agoThe 2025 budget deficit will be set at 2.29%-2.82% of gross domestic product, according to the...
Asia’s Fuel Subsidies Are Falling Victim to Budget Pressures
Bloomberg via Yahoo Canada News· 4 days ago(Bloomberg) -- Budget pressures are forcing governments across Southeast Asia to rethink fuel...
Global Oil Outlook Faces Challenge as China Softness Surfaces
Bloomberg· 4 days agoThe global oil market faces soft spots in the outlook for Chinese demand this half, potentially...