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Crude
Crude Oil
Opec+ Leaves 500,000 b/d August Output Rise on Table
Shrinking OECD inventories and rising global crude prices could lead the Opec+ coalition to consider a 500,000 b/d production rise when it irons out its August …
Crude Oil
Oil Giants See Crude at $100/barrel on Supply Side Constraints
Global oil markets had one of the most turbulent years in history last year with the coronavirus pandemic sending prices crashing
Crude Oil
Brent Rallies Close to $76 as Markets Remain Tight
Oil also gained from a projected drawdown of US crude inventories
Crude Oil
Venezuela’s Oil Boss Projects Soaring Output, Despite Crumbling Infrastructure and U.S. Sanctions
In Venezuela, waiting in line at a gas station -- sometimes for days -- has become so routine that it’s hard to imagine life without it.
Crude Oil
Iraq Expects Oil Prices to Reach $80/bbl - State News Agency
Iraqi expects oil prices to reach $80 per barrel.
Crude Oil
Crude Oil Prices Steady Near Multi-Year Highs
Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling U.S. crude inventories which limited the impact of a stronger U.S. dollar.
Crude Oil
Oilfield Services Receive A Major Boost As Oil Prices Rally
The steady and substantial climb in oil prices has led to more business for oilfield service providers and higher prices.
Crude Oil
GS Caltex to Import 2 Million Barrels of Carbon Neutral Oil
GS Caltex will introduce two million barrels of carbon-neutral crude oil certified as carbon-neutral crude oil from Lundin Energy, a Swedish energy company.
Crude Oil
Shell Considering Sale of Holdings in Largest U.S. Oil Field, Worth up to $10 billion
Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its mos…
Crude Oil
Lundin Energy Boasts Carbon Neutral Oil Production
Lundin Energy, a minority partner of Equinor in the giant Norwegian oilfield Johan Sverdrup, said on Wednesday that all future barrels of it would sell from Wes…
Crude Oil
Equinor Delays Restart of Brazil Oil Field to 2022
Norway's Equinor plans to restart production and complete a second development phase at the Peregrino offshore oil field in first half 2022, extending an interr…
Crude Oil
Mercuria Sees Opec+ Control Keeping Crude Around $70/bl
Crude prices are likely to stay at about $70/bl "for a while", as Opec+ will use some of its spare capacity and boost production if prices top $75/bl in order t…
Crude Oil
Pharos Energy Finds Oil in Two Reservoirs at Egyptian Well
The Batran-1X commitment exploration well was drilled 4 kilometers west of the Main Tersa-1X well
Crude Oil
Minnesota Court Affirms Approval of Line 3 Oil Pipeline
The Minnesota Court of Appeals on Monday affirmed state regulators' key approvals of Enbridge Energy’s Line 3 oil pipeline replacement project, in a dispute th…
Oil Price
Oil Steadies After Hitting 2-yr High as Demand Hopes Face Supply Growth
Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as growing U.S. crude production and Britain's delayed C…
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