Crude oil

Crude Oil
Oil Gains After U.S. Infrastructure Bill Passes, Chinese Exports Rise
Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia's state-owned producer Aramco…
Oil Price
Soaring Oil Prices Could Push for Clean Energy Faster
Oil prices have hit over $80 a barrel and a seven-year high, and with economies pushing through pandemic recovery and a good portion of the Northern Hemisphere …
Crude Oil
Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…
Crude Oil
BP Says Global Oil Demand has Passed 100 million Barrels per day
As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before …
Crude Oil
CNOOC Gives Green Light to Uganda Crude Project
China's state-controlled CNOOC has taken a final investment decision on the Kingfisher crude project in Uganda.
Oil & Gas Supply
Opec+ JMMC Recommends Sticking to Output Policy
The Opec+ Joint Ministerial Monitoring Committee is recommending sticking to a 400,000 b/d combined crude quota increase for December, two delegates said, even …
Crude Oil
Oil Exporters to See Large Surpluses in 2021 and 2022 Amid Higher Crude Prices
Prices are also up because of underinvestment in the sector, which led to tighter supply
Crude Oil
OPEC+ Lgnores Calls For More Crude, Adds Meagre 140,000 Bpd In October
OPEC+ added just 140,000 barrels daily of crude oil last month
Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Crude Oil
Iraqi Crude Exports Inch up in October
Iraqi crude exports marketed by state-owned Somo edged up in October, according to preliminary figures from the country's oil ministry.
Oil Price
Oil Prices Set for First Weekly Drop Since August As Supply Concerns Ease
U.S. West Texas Intermediate crude futures fell 4 cents to $82.77 a barrel by 0151 GMT.
Oil Price
Oil Falls After Increases in U.S. Crude, Fuel Stockpiles
Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in th…
Oil Price
Global Supply Shortages are Driving up Alaska Oil Prices
Alaska’s oil prices are at their highest since 2014 amid a global energy crunch.
Oil Price
Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast
The scarcity premium embedded in the structure of Brent crude oil futures has widened to the most since 2013 this week, a sign of the tight market underpinning …

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Crude oil

Oil Gains After U.S. Infrastructure Bill Passes, Chinese Exports Rise

Soaring Oil Prices Could Push for Clean Energy Faster

Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says

BP Says Global Oil Demand has Passed 100 million Barrels per day

CNOOC Gives Green Light to Uganda Crude Project

Opec+ JMMC Recommends Sticking to Output Policy

Oil Exporters to See Large Surpluses in 2021 and 2022 Amid Higher Crude Prices

OPEC+ Lgnores Calls For More Crude, Adds Meagre 140,000 Bpd In October

OPEC Rejects Biden’s Call for More Oil

Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices

Iraqi Crude Exports Inch up in October

Oil Prices Set for First Weekly Drop Since August As Supply Concerns Ease

Oil Falls After Increases in U.S. Crude, Fuel Stockpiles

Global Supply Shortages are Driving up Alaska Oil Prices

Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast