U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...
The worldwide nuclear energy market is expanding despite geopolitical uncertainties and rising tariffs. Click to read.
Stock futures were pointing lower Tuesday, as investors struggled to make up their minds about how disruptive Trump's looming tariffs will be. Investors remain on edge after nearly two months of ...
Oil prices were mixed in the early Asian session, but may be weighed by looming OPEC+ production increase.
It’s been a month since OPEC+ said it will go ahead and gradually unwind its voluntary production cuts starting on April 1, ...
Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member ...
OPEC members collectively supply about 26.80% of the world’s crude oil production. Together, OPEC members control about 79.09% of the world’s total proven crude reserves. OPEC member countries ...
OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...
According to the Reuters report, OPEC+ plans to increase output by a further 135,000 barrels per day in May. This would be ...
CNOOC reported an 11.4% increase in net profit for 2024, driven by record oil and gas production, which compensated for lower ...
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