Libya Plans First Oil Exploration Tender Since 2011 Civil War
Libya is planning its first tender for energy exploration contracts since 2011’s civil war, as the OPEC member looks to bring ...
OPEC actions increasing volatility and hampering new investment in oil and gas, Eni CEO says
OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered investment in new production, the CEO of Italian energy company Eni said on Monday.
WTI drops below $71.50 after the first US election results
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.35 on Wednesday. The WTI price edges lower as the US presidential election polls were closing in the United States.
Oil Plunges as Israel Limits Iran Strike to Military Targets
Oil tumbled more than 6% at the start of the week after Israeli strikes against targets in Iran avoided the OPEC member’s ...
Shale Turns Up Heat on OPEC as Big Oil Opens Its US Taps
US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...
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Will USA Election Outcome Affect OPEC+ Policy?
Rigzone talks to representatives of Hartree Partners, the Heritage Foundation, and the American Enterprise Institute.
Crude Oil steady around a 3% intraday gain after OPEC delayed its output normalization to 2025
The sharp move comes after OPEC+ has agreed to delay its 180,000 barrels production increase to December. The US Dollar Index is looking for support after polls show slight favor for Harris to win.