FG Weighs Crude Oil Discounts, Direct Supply to Refineries
The Federal Government is considering two proposals to ease crude oil offtake by domestic refiners as it moves…
Oil retreats from above $100, but set for weekly rise on Middle East escalation
By Seher Dareen LONDON, July 24 (Reuters) – Oil futures prices fell over 3% on Friday but are…
Chevron (CVX) Cuts 9,000 Jobs As Record Oil Output Reshapes Its Workforce
Make better investment decisions with Simply Wall St’s easy, visual tools that give you a competitive edge. Chevron…
OPEC lowers oil demand growth forecasts for 2026
The logo of the Organization of the Petroleum Exporting Countries (OPEC) is displayed outside of OPEC’s headquarters in…
UAE oil output jumped 80% in June after leaving OPEC
Investing.com — The United Arab Emirates reported to OPEC that its oil production increased by 80% in June…
Energy Sector Faces Long Recovery Despite U.S.-Iran Breakthrough
Oil refinery flare ©Adobe Stock Images Oil prices fell sharply after the United States and Iran unveiled a…
Operational Flexibility and Portfolio Diversity Amid Global Energy Disruptions
Integrated energy company ExxonMobil (NYSE:XOM) reported Q1 CY2026 results beating Wall Street’s revenue expectations , with sales up…
What Saudi PIF Pullbacks From LIV Golf, Al-Hilal Could Mean for Economy
No matter where you look, cost-cutting is reshaping the economy. Loading audio narration… From a consumer perspective, Walmart…
Iran war’s nine shocking impacts on Australia revealed
A leading economist has shared his predictions on the long-term impacts of the Iran war, saying the geopolitical…
‘Something [we’ve] been trying to understand for decades’
Material scientists in the Netherlands have whipped up a new compound that has the best qualities of both…
Türkiye has capacity to export over 10 bcm of gas annually: Minister
Türkiye now has the ability to supply up to 80 billion cubic meters (bcm) of natural gas per…
Ecuador’s Declining Oil Output Threatens to Spark an Economic Crisis
The last decade has been especially grueling for Ecuador’s economically vital oil industry. Plummeting investment, heavily corroded infrastructure,…