Crude

Crude Oil
Halt in Fuel Price Revision Continues, Global Oil Rates Above $75/bbl
In the national capital, petrol continued to be sold for Rs 101.84 per litre, while diesel was being sold at the unchanged rate of Rs 89.87 a litre on Sunday.
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.
Crude Oil
Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt
Cambodian Prime Minister Samdech Techo Hun Sen said on Sunday that the kingdom's first-ever oil extraction had come to a full stop after Singapore-based oil and…
Crude Oil
China’s Crackdown on Excess Capacity to Impact Crude Oil Imports
China’s drive to lower emissions, is expected to have a negative impact on crude oil imports from private refineries.
Crude Oil
Energy Import Bill up 131 pct in June 2021
Turkey's energy import bill increased by 131 percent to $3.63 billion in June this year compared to the same month last year.
Crude Oil
BW Working to Tie in Gabon Wells for First Oil Later This Year
Oil and gas company BW Energy has completed the final horizontal production well on the Dussafu Marin license in Gabon and is now working to tie in two wells fo…
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…
China
Sinopec's million-ton Ethylene Project is About to Put into Production
At present, Sinopec has a comprehensive crude oil processing capacity of 9.2 million tons/year in Hainan.
Crude Oil
Exxon Makes Another Major Oil Discovery Offshore Guyana
ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.
Crude Oil
Russia Was World’s Second-Largest Oil Producer In H1 2021
Russia was the world’s second-largest producer in the first five months of this year after the United States, data from Rosstat, the state statistics bureau, h…
Crude Oil
Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022
Libya could boost its oil production to 1.6 million barrels per day by the middle of 2022 if the industry has the necessary funding
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
Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions
Venezuela is ignoring U.S. sanctions with its plan to boost production to 1.5 million bpd by the end of the year, around three times the current output.
Crude Oil
China To Build Airport, Houses Under Oil-For-Projects Deal In Iraq
Chinese firms are set to build an airport and 90,000 houses in Iraq as part of a 2019 agreement for crude supply in exchange for projects, an Iraqi official was…
Crude Oil
Pakistan: Crude Oil Imports Surge 317pc in May
Imports of crude oil increased by a whopping 317 per cent in May which translated into higher than expected production of petroleum products by local refineries…

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Crude

Halt in Fuel Price Revision Continues, Global Oil Rates Above $75/bbl

Oil Prices Slide on Worries over China Economy and Higher Crude Output

Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt

China’s Crackdown on Excess Capacity to Impact Crude Oil Imports

Energy Import Bill up 131 pct in June 2021

BW Working to Tie in Gabon Wells for First Oil Later This Year

Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel

Sinopec's million-ton Ethylene Project is About to Put into Production

Exxon Makes Another Major Oil Discovery Offshore Guyana

Russia Was World’s Second-Largest Oil Producer In H1 2021

Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022

India May Join China In Bid To Lower Oil Prices

Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions

China To Build Airport, Houses Under Oil-For-Projects Deal In Iraq

Pakistan: Crude Oil Imports Surge 317pc in May