oil

107 Articles
World

Saudi Arabia to Increase September Oil Prices to Asia for Second Consecutive Month

Saudi Arabia, the world’s largest oil exporter, is poised to increase its official selling prices (OSPs) for crude oil to Asia in September...

World

Libya’s National Oil Corporation (NOC) has initiated its first oil exploration tender since 2011

Libya’s National Oil Corporation (NOC) has initiated its first oil exploration tender since 2008, aiming to attract international companies to boost production and...

Economy

Kazakhstan’s crude oil production in 2025 surged by 7.5%

Kazakhstan’s crude oil production experienced a significant surge, increasing by 7.5% from May to reach 1.88 million barrels per day (bpd). This output...

Metro

Exxon Mobil led consortium returns 2,534 square kilometers of Stabroek Block to Guyanese government

ExxonMobil Guyana Limited (EMGL), along with its partners Hess and CNOOC, has officially relinquished 2,534 square kilometers—approximately 9%—of the Stabroek Block to the...

Politics

Gabonese President Brice Oligui Nguema seeks U.S. investment to process mineral resources domestically

Gabonese President Brice Oligui Nguema has actively sought to attract foreign investment to bolster the nation’s economic development, particularly in the processing of...

Metro

Global Leaders Gather for Climate Summit: Urgent Calls for Action as Wildfires and Floods Highlight Growing Environmental Crisis

A significant summit in Seville, Spain, convened over 50 global leaders to address escalating challenges in poverty reduction, climate change mitigation, and the...

Economy

Oil Prices Fluctuate Due to Middle East Tensions and Supply Concerns

Oil prices have experienced significant fluctuations in recent weeks, primarily driven by escalating tensions in the Middle East and concerns over global supply...

Crime & conflictWorld

Geopolitical Tensions: Analyzing Recent Conflicts and Their Global Implications

Escalating geopolitical tensions have significantly influenced global markets and international relations. The Middle East, particularly the Israel-Iran conflict, has been a focal point,...

Economy

U.S. Trade Deficit Narrows, Suggesting Potential Economic Resilience

The United States witnessed a significant narrowing of its trade deficit, suggesting potential economic resilience. The trade gap contracted by a record 55.5%...

Politics

Iran Faces Deepening Economic Crisis Amid Sanctions and Domestic Challenges

Iran is grappling with a profound economic crisis in 2025, characterized by soaring inflation, a plummeting national currency, and escalating social unrest. The...