Oil Market

New EU sanctions on Russian oil that come into effect on 21 January could have the second-greatest impact…

Organisation of the Petroleum Exporting Countries (OPEC) member Saudi Arabia has slashed its crude oil selling price to…

OPEC+ is meeting this coming weekend to discuss the next steps in its production control plan. Early reports…

With their successive production hikes this year, the key members of OPEC+ are aiming to boost market share…

The latest shipping data released by the “London Exchanges Group”, alongside information from market sources, revealed that Turkey…

Oil prices rose early on Wednesday after an industry report showed on Tuesday that the crude stocks at…

Published on 06/10/2025 – 8:59 GMT+2 ADVERTISEMENT Oil prices rose on Monday morning in Europe after the OPEC+…

While the world is watching the UN General Assembly discussions on Gaza-Israel, hybrid warfare in Europe (drones) and…

Iraq has long been the key instrument through which Iran has been able to generate economy-supporting revenue from…

Kuwait’s crude oil production capacity has reached 3.2 million barrels per day (mbbl/d), according to the country’s Oil…

For the past two years, the United States has set oil production records. This growth is a continuance…

Aramco has urged Asian buyers to buy more Saudi crude for October loading after the world’s top crude…

EU Oil Sanctions Impact the Oil Market & Prices