After the recent announcements of massive developments in Iraq by various major oil companies, the nation seems to be rebounding considerably from the COVID-19 pandemic. It now looks to maintain ...
Abu Dhabi National Oil Company (ADNOC) is reportedly seeking to raise around $750 million from its drilling unit’s initial public offering (IPO) in what is expected to be one of ...
Saudi Aramco followed its other Big Oil competitors to record bumper earnings, enhanced by a recovery in the prices of oil and chemicals. The biggest energy company globally made a ...
The prices of oil rose on July 21, 2021, extending gains from the previous session as a growing risk appetite offered support despite data indicating that there is an unexpected ...
WTI Crude and Brent Crude fell sharply on the news that OPEC+ had resolved production issues. Oil prices dropped on July 19 after the producers broke through a deadlock to ...
Prince Abdulaziz bin Salman Al-Saud, Saudi Arabia's Minister of Energy, spoke via video link in a virtual emergency meeting of the OPEC and non-OPEC nations, after the outbreak of the ...
On July 1, 2021, an OPEC+ ministerial panel recommended a slow increase in oil output to the end of this year. This gradual increase will pave the way for a ...
On June 29, oil reversed previous losses to surge after OPEC+ expressed optimism that the market appears significantly improved. Also, a major importer, India called in the group to ease ...
Bank of America Corporation said that oil may surge to reach $100 per barrel in the coming year as travel demand rebounds significantly. That is now the strongest call yet ...
The prices of oil dropped on June 11, 2021, but look set for a third weekly rise on the expectations for a demand recovery in China, Europe, and the United ...
