Crude

Oil & Gas Trade
U.S. Natgas Trading at Parity with Oil after Crude Price Collapse
The rapid collapse of U.S. oil futures this year caused crude’s premium over natural gas to drop to near parity on.
Crude Oil
OPEC Still has an Important Role to Play in Global Oil Market
Scan Western news about OPEC from the last few years, and a common observation tends to appear: OPEC had a huge influence on the global oil market back in the d…
Oil Price
Oil Prices Hit $15 For The First Time In 21 Years
A gruesome combination of crumbling demand for crude and global storage filled to its brim has pushed oil prices to levels not seen in over two decades.
Crude Oil
India Records Lowest Crude Oil Production in at Least 18 Years
India's domestic crude production will fall to 32.173 million tonnes in 2019-2020.
Crude Oil
BPCL Kochi Refinery Takes Steps to Maintain Petroleum Products Supply
Although the COVID 19 outbreak hit demand for gasoline, diesel, fuel oil, asphalt, aviation turbine fuel (ATF) and other petroleum products.
Oil & Gas Trade
Saudis to Sell 600,000 bbl of Oil a Day to the U.S. in April
Saudi Arabia is set to sell about 600.000 barrels a day of crude to the U.S. in April, the highest volume in a year, according to a Saudi industry official fami…
Crude Oil
The Oil Industry's Recovery Lacks One Important Ingredient
The global glut of oil and gas is growing, caused in part by a global blockade by coronavirus.
Crude Oil
Mexico’s Offshore Oil Investment Set To Plunge Despite Government Pledges
Demand for offshore equipment and services is set to drop by an average of 14 percent through 2025, according to the analysts.
Crude Oil
India Dips in to Weakened Crude Market to Fill up its Strategic Oil Reserves
Ministry of petroleum and natural gas has mandated ISPRL to work closely with public sector oil companies including MRPL to achieve the target of filling up Man…
Oil & Gas Trade
Saudi Aramco to Supply Full May Crude Volumes to Asian Refiners
Saudi Arabia, the world's largest oil exporter, has notified some refiners in Asia that it will supply full contractual volumes of crude in May.
Crude Oil
Demand for OPEC Oil Falls to 30-Year Low
The sharp contraction in global oil demand amid lockdowns and stalled industrial activity will lead to the lowest demand for OPEC crude in more than thirty year…
Crude Oil
Oil Demand Won’t Bounce Back Anytime Soon
Oil demand is expected to be down by nearly 30 million barrels per day (mb/d) in April and down by almost 10 mb/d for the entire year, according to the latest e…
Oil Price
Russia’s Oil Pain Deepens as OPEC+ Prepares to Cut Output
The Kremlin may have succeeded in ending its oil war with Saudi Arabia, yet the pain of crude’s crash is only just starting to hit Russia’s budget.
Oil Price
Oil Prices Sink On Record Breaking 19.2 Million Barrel Crude Build
A day after the American Petroleum Institute estimated crude oil inventories had added more than 13 million barrels, the Energy Information Administration confi…
Crude Oil
Oman's Daily Oil Production Up 12.83% in March
Oman's oil ministry said in a statement that the country's daily oil production increased by 12.83% month on month in March this year.

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Crude

U.S. Natgas Trading at Parity with Oil after Crude Price Collapse

OPEC Still has an Important Role to Play in Global Oil Market

Oil Prices Hit $15 For The First Time In 21 Years

India Records Lowest Crude Oil Production in at Least 18 Years

BPCL Kochi Refinery Takes Steps to Maintain Petroleum Products Supply

Saudis to Sell 600,000 bbl of Oil a Day to the U.S. in April

The Oil Industry's Recovery Lacks One Important Ingredient

Mexico’s Offshore Oil Investment Set To Plunge Despite Government Pledges

India Dips in to Weakened Crude Market to Fill up its Strategic Oil Reserves

Saudi Aramco to Supply Full May Crude Volumes to Asian Refiners

Demand for OPEC Oil Falls to 30-Year Low

Oil Demand Won’t Bounce Back Anytime Soon

Russia’s Oil Pain Deepens as OPEC+ Prepares to Cut Output

Oil Prices Sink On Record Breaking 19.2 Million Barrel Crude Build

Oman's Daily Oil Production Up 12.83% in March