Oil Prices Stabilize Amid Market Uncertainty

Oil Prices Stabilize Amid Market Uncertainty Market Overview Crude oil prices have exhibited limited movement over the past two weeks, reflecting a...

CPECC Launches Major Water Injection Project at Iraq’s West Qurna-1 Oilfield

https://vastlyoil.ae/wp-content/uploads/2025/05/Gen-4-Turbo-1977223811.mp4 CPECC Launches Major Water Injection Project at Iraq’s West Qurna-1...

Lost and Found: IEA Rediscovers Oil Barrels

IEA Revises Oil Demand Upward Again, Missing Barrels Reappear The International Energy Agency (IEA) has once again identified its so-called missing...

IEA Gradually Shifts Stance on 2030 Peak Oil Demand Forecast

The International Energy Agency’s (IEA) Global EV Outlook 2025, released this week, presents further signs that the Agency is retreating from its...

OPEC Daily Basket Price $61.80 per Barrel – Wednesday, 8 May 2025

Vienna, Austria, 8 May 2025, The price of the OPEC basket of twelve crudes stood at $61.80 per barrel on Wednesday, compared with $61.88 the previous...

Oil Giants Pledge Market Stability, Signal Production Increase

Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman Reaffirm Commitment to Market Stability and Plan to Increase Oil Production...

OPEC Daily Basket Price at $68.16 per Barrel as of Thursday, 1 May 2025

Vienna, Austria, 01 May 2025 – The price of the OPEC basket of twelve crude oils stood at $68.16 per barrel on Monday, down from $68.74 the previous...

U.S. Energy Leaders Seek to Calm Oil Industry Amid Ongoing Trade Disputes

During a recent energy summit in Oklahoma City, U.S. Energy Secretary Chris Wright reassured oil executives that the market instability caused by...

New Developments in AI That Oil and Gas Companies Should Know

Latest AI Developments Oil and Gas Companies Should Know Artificial Intelligence (AI) continues to reshape industries, and the oil and gas sector is...