US energy secretary says oil markets are volatile, calls for increased supply
Stresses the need for moving away from fossil fuel
Source: dunyanews.tv
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Top News In Pec Today - Breaking & Trending Today
Saudi Arabia's Crude Oil Exports Slumped Below 7 Million Bpd In May
Saudi Arabia’s crude oil exports plunged below 7 million barrels per day in May when the last round of OPEC+ production cuts came into effect.
Source: oilprice.com
Russia To Overtake Saudi Arabia As The Largest OPEC+ Oil Producer
Saudi Arabia is set to lose its status as the largest OPEC+ producer following its latest unilateral production cut.
Source: oilprice.com
Oil Prices Ease on US Interest Rate Fears, but OPEC+ Cuts Limit the Fall
Oil prices ease on US interest rate hike concerns, but supply cuts from Saudi Arabia and Russia limit losses. CPI data and China reports to impact market
Source: news18.com
Nigeria Looks To Boost Oil Production To 1.7 Million Bpd By Year-End
Nigeria aims to significantly increase its oil production to up to 1.7 million bpd by November 2023.
Source: oilprice.com