million barrels

UAE says OPEC+ output cut was correct decision, no politics behind it

The United Arab Emirates believes that OPEC+ made the correct technical choice when it agreed to cut production and the…

3 years ago

India pushes oil refiners to diversify after surprise OPEC+ cuts

India said it will speed up its diversification of oil imports to hedge against any surprise output cuts by the…

3 years ago

EXCLUSIVE Chinese defence firm has taken over lifting Venezuelan oil for debt offset -sources

China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of…

3 years ago

Oil prices slip ahead of U.S. inventory data

Oil prices fell more than $1 a barrel on Wednesday, under pressure from global central bank efforts to limit inflation…

3 years ago

Oil surges amid warnings of supply shortages

Oil prices climbed 6% on Thursday after the International Energy Agency (IEA) said three million barrels a day (bpd) of…

4 years ago