Trump Claims Venezuelan Oil Deal Will Send 30-50 Million
Former President Donald Trump claimed that the Venezuelan oil deal could supply the U.S. with 30 to 50 million barrels of oil immediately, potentially
OPEC+ Approves Modest OPEC Production Increase Ahead of
OPEC production increase is anticipated as members approve a cautious boost in November to help balance market stability and influence global oil prices.
OPEC+ Accelerates Supply Revival: Agencies Announce Early Completion of Oil Production Increase
OPEC+ countries have reached an agreement to boost oil production again in September, marking their sixth consecutive increase and completing their current supply revival plan a year ahead of schedule.…
OPEC+ Prepares for Major Oil Output Boost: 548,000 Barrels a Day Increase
OPEC+ members have tentatively agreed to boost oil production by approximately 548,000 barrels per day in September, according to a senior delegate involved in the negotiations. The alliance, which includes…
Chevron Reaches New Deal with Venezuela to Share Production as License to Restart Operations is Approved
Chevron announced it will transfer a portion of its Venezuelan oil production to the local government as part of new operational agreements following the renewal of its license to restart…