The International Energy Agency (IEA) reported in its monthly update on Thursday that the global oil supply could exceed demand by approximately 600,000 barrels per day this year, following a…
South Sudan’s Minister of Petroleum, Puot Kang Chol, stated that the country will resume oil production in blocks 3 and 7 today, Wednesday, with an initial output of 90,000…
The OPEC+ alliance has agreed to maintain oil production at its current levels during the first quarter of 2025. Sources within the alliance confirmed that the plan includes a gradual…