Global exports of liquefied natural gas fell sharply in April 2026, slipping to their lowest monthly level in nearly two years as escalating disruption in the...
The United Arab Emirates has announced that it will leave the Organisation of the Petroleum Exporting Countries and the wider OPEC+ framework, effective May 1, 2026....
Escalating military tensions in the Middle East are injecting fresh uncertainty into global oil markets, with analysts warning that prices could rise sharply if disruptions to...
The International Energy Agency (IEA) forecast a global oil market oversupply of 4 barrels per day (bpd) in 2026, citing the recent increase in crude oil...
bp has announced the appointment of Najla Zuhair Al Jamali as the new President of bp Oman. Ms. Al Jamali, who brings with her over 20...
In a notable development, the price of Oman crude oil for June 2025 delivery has declined sharply to US$64.56 per barrel, marking a substantial drop of...
Oman LNG announced the signing of a 10-year Sale and Purchase Agreement (SPA) with Mercuria, a leading Switzerland-based trading company. Under this agreement, Oman LNG will...
