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Oil price
Crude Oil
Oil Prices Slide on Worries over China Economy and Higher Crude Output
Brent crude oil futures skidded 81 cents, or 1%, to $74.60 a barrel by 0116 GMT.
Oil & Gas Trade
Russia’s Energy Ministry Proposes Ban on Gasoline Export
Russia’s energy ministry said on Friday it filed a proposal for the government to start a procedure for a ban on gasoline exports.
Oil Price
Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May
The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals from a year earlier while non-oil exports rose by 70 per ce…
Crude Oil
Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel
Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude o…
Oil & Gas Trade
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
Oil Price
India May Join China In Bid To Lower Oil Prices
The world’s third-largest crude oil importer, India, could join China in tapping into its strategic petroleum reserve in a bid to sell lower-priced crude to it…
Crude Oil
Russia Weighs Gasoline Export Ban
Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.
Crude Oil
China Taps Into Crude Reserves To Curb Oil Price Rally
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to c…
Crude Oil
Goldman Cuts Q3 Brent Forecast to $75 a Barrel
Oil prices fell $5 a barrel on Monday in response to fears over the hit to demand from rising Delta coronavirus infections and an OPEC+ agreement to boost outpu…
Crude Oil
Oil Prices Inch Even Lower Following Devastating 7% Single-Day Loss
After plunging nearly 7% on Monday, oil prices saw a leveling off and even a smidgeon of a rebound on Tuesday in what many hope will be a new state of calm in t…
Crude Oil
U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021
Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.
Oil Price
Video: OPEC Deadlock That Drove Oil Prices Up Finally Resolved, Will Petrol And Diesel Prices Fall?
Standoff due to economic rivalry among oil-rich countries in the Middle East has ended.
OPEC
OPEC+ is Boosting Oil Production, Ending Dispute that Shook Energy Markets
OPEC+ agreed to increase oil production Sunday, as demand roars back and prices surge, ending a dispute between the United Arab Emirates and Saudi Arabia.
Oil&Gas Drilling
UK Oil & Gas Investments Basur-3 field in Turkey: Influence On The Growth Of Stock Prices?
UK Oil and Gas shares have been growing for six months.
Oil Price
OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022
OPEC said that that demand next year would rise by 3.4% to 99.86 million barrels per day, averaging more than 100 million bpd in the second half of 2022.
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