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Russia’s oil and gas budget revenue down 24% in 2023
Russia's oil and gas industry faces a significant revenue decline as budget revenues drop by 24% in 2023. Learn more about the challenges faced by the sector.
Saudi Arabia to continue 1 MBPD output cut until December
Saudi Arabia has announced that it will extend its 1 million barrels per day output cut until December in an effort to stabilize oil prices.
Saudi Pledges Big Oil Cuts in July as OPEC+ extends Deal into 2024
As the world continues to grapple with plummeting oil prices, Saudi Arabia promises sizeable cuts in July. Read on for the latest news and insights.