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- Monday . June 16, 2025
Oil prices show a slight increase as markets anticipate economic measures from China to boost demand.
OPEC+, the Organization of the Petroleum Exporting Countries (OPEC) and allies like Russia, decides to speed up oil production hikes for a second consecutive month.
The six fields and two reservoirs were found to have Arabian oil of different grades totaling 8,126 barrels per day
Stating that both countries rely heavily on oil and gas imports, the rating agency said it expects China’s reliance on oil imports to fall, reflecting slower demand growth and increased domestic produ...
This is the first oil discovery since the resumption of production operations in the Partitioned Zone.