Oil prices under $60 a barrel would hit small producers, Occidental Petroleum exec says
Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...
The New Voice of Ukraine on MSN4h
China’s oil giants retreat from Russian crude under U.S. pressure
Sinopec, China’s largest petroleum and chemical corporation, completely halted all Russian oil purchases in March, while ...
CERAWEEK Occidental Petroleum sees US oil output peaking in next five years
U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on ...
Agence France-Presse on MSN2h
Niger expels three Chinese oil executives: reports
Niger's military rulers have expelled three Chinese oil executives from the country and closed down a Chinese-run hotel, ...
OPEC Maintains Oil-Demand Growth Forecasts Amid Tariff Uncertainty
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...
U.S. officials act to block illicit Iranian oil trade with China
Iran is operating a ghost fleet to sell oil to China in violation of existing sanctions, which U.S. officials seek to stop ...
U.S. Crude Oil Stockpiles Rise For Second Straight Week
U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline ...
Russian Oil Exports Almost Intact But Prices Take Hit, IEA Says
Russian oil exports edged lower in February following the imposition of the latest round of US sanctions, but widening price discounts curbed revenues, according to the International Energy Agency.