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Crude
Oil Price
Crude Oil Futures up More Than 2% as OPEC Looks to Extend Supply Cuts
Crude oil futures soared by nearly 2% during mid-morning trade in Asia Monday as OPEC and its allies look to extend their supply cut agreement at a time of grow…
Crude
Asia Sour Crude Market Mulls OPEC Deal, US Data
Sour crude spreads in Asia traded within a narrow range in mid-morning trading hours on Monday, as market participants weighed the benefits of a bullish OPEC de…
Oil & Gas Trade
India Stops Buying Iran Oil
Iran was the third largest supplier of crude to India, behind only Iraq and Saudi Arabia, but after the sanctions waiver granted to India in November expired la…
Oil & Gas Trade
The Oil Crisis Saudi Arabia Can't Solve
In reality, Aramco will not be able to keep the necessary crude oil and products volumes flowing to Asian and European markets in the case of a full Strait of H…
Shale Gas
Argentina's Shale Boom at Vaca Muerta Seems to be Finally Taking Off
Argentina's vast shale play Vaca Muerta has finally seen the first tangible results with the first exports of light crude oil and liquefied natural gas (LNG) fr…
Crude
Dubai Sour Crude Steady, Awaits Further Cues From G20 Talks
Dubai sour crude structure in Asia was largely unchanged overnight as market participants looked to discussions between the US and China at the ongoing G20 summ…
Oil & Gas Trade
Saudi Aramco Signs Crude Supply, Storage, Refining Deals with South Korean Companies
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies on Wednesday to reinforce relationships with Asia's fourth biggest energy…
Analysts Predict Oil Could Skyrocket to +$100-Per-Barrel If Iran-US War Breaks out
TEHRAN (FNA)- A full-fledged war between the US and Iran would immediately affect global crude prices, as the recent escalation of tensions in the Middle East h…
ADNOC - Abu Dhabi National Oil Company
ADNOC are one of the world's leading energy producers, and a primary catalyst for Abu Dhabi’s growth and diversification. ADNOC operate across the entire hydro…
Analysis: Asian Refiners May Trim Sour Crude Intake on Dubai Backwardation
The spread between the first and third-line Dubai crude swaps was assessed at $2.06/b on May 17 in Singapore, Platts data showed, the strongest backwardation si…
Oil Refinery
U.S. Crude Oil Refinery Inputs Increase Last Week: EIA
U.S. crude oil refinery inputs increased during the week ending June 7, the U.S. Energy Information Administration (EIA) said Wednesday.
Oil Prices Are Falling Because Fears of a Glut in Supplies Are Growing
Oil prices dropped on Wednesday after the U.S. Energy Information Administration released data that showed oil supplies have been building.
Russia: Clean Crude Oil To Reach Slovakia, Hungary Within Week
Russia also continues negotiations with Poland in view of restarting the crude oil flow via the pipeline to the Adamova Zastava station, Russian media quoted th…
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