Tag Archives: Reuters International News Agency

The OPEC+ mechanism has shown it is efficient. but it is not efficient infinitely.

A surprise fall in both official U.S. crude inventories and gasoline stocks was supportive for oil overnight.

The sudden loss of output gives grounds to rethink Saudi Arabia’s role as an undoubtedly reliable oil supplier.

Offshore wind is tipped to add 43GW to reach a cumulative 65GW in 2024.

Compliance with production quotas among OPEC and its allies is at 136%.

A global oil output deal between members of OPEC and non-OPEC countries would be discussed at talks in Riyadh.

China’s imports from the United States have fallen 26.4% in dollar terms during the first nine months.

Iran’s natural gas reserve is the world’s second largest.

VLCC freight rates for key crude oil supply routes to Asia have surged since the US ratcheted up sanctions in recent months.

Saudi Arabia is pressing ahead with plans to sell between 1 percent and 2 percent of Aramco through a local listing.