Crude oil

Oil Price
Oil Prices Rebound On Small Crude Draw
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 1 million barrels for the week to October 16.
Oil & Gas Trade
Israel And The UAE Sign Historic Oil Deal
Israel and the United Arab Emirates signed this week a preliminary agreement under which crude oil from OPEC’s third-largest producer could be shipped to Europ…
Oil & Gas Trade
Japan April-Sept Crude Import Volume Fell to the Lowest Since at Least 1979
Japan's customs-cleared crude oil imports fell 21.2 per cent in the April-September period on year to the lowest since at least 1979 when the comparison data is…
Crude Oil
Russian Oil Companies Plan Significant Drilling Cuts For 2021
Russian oil producers who have already reduced their drilling activity by a third this year may cut it further by 20 percent.
Crude Oil
Oil Demand Expected to Decline in the Next Decade
The International Energy Agency predicts the COVID-19 pandemic will deal a long-lasting blow to the global energy industry, with oil demand expected to end in…
Crude Oil
IEA Says Refining Throughput Set for Quarterly Rise
Global refining throughput will increase in the last quarter of the year by more than 2 million barrels per day, the International Energy Agency said on Wednesd…
Oil & Gas Trade
China Books 12.7% Rise In Oil Imports Jan-Sept
China imported 416 million tons of crude oil during the first nine months of the year, up 12.7 percent on the year, in the latest positive sign for oil demand d…
Oil Price
Morgan Stanley Sees Oil Prices Struggling To Break Above $50
Oil prices will struggle to rise above $50 a barrel because of the technological shift in U.S. shale that has unlocked more production in recent years, and beca…
Crude Oil
Libya to Resume Oil Production at Largest Field Amid Talks
Libya's prized, light crude has long featured in the North African country's civil war with rival militias and foreign powers jostling for control of Africa's l…
Crude Oil
Daily Crude Oil Production Hits over 718K Barrels in the Sultanate
The Sultanate’s daily crude oil production stood at 718,700 barrels during September 2020, a drop by 0.18 percent compared to the daily production in August 20…
Crude Oil
OPEC: Oil Demand to Decline after Plateauing in Late 2030s
World oil demand will plateau in the late 2030s and by then begin to decline.
Oil & Gas Trade
China Set for Fresh Gasoline Export Splurge as Golden Week Ends
Gasoline exports from China, Asia's top petrol exporter, are set to stay elevated this month as mounting supplies from recent high crude oil processing runs pro…
Crude Oil
Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd
The governor of the Libyan central bank has called for the increase of oil production to 1.7 million bpd as soon as possible as the country’s economy continues…
Crude Oil
Peru Crude Production at Historic Low in Sept
Peru's crude production fell to a historic low of 29,165 b/d in September, less than half the level of 12 months earlier, according to data from hydrocarbons re…
Crude Oil
Opec Sees Oil Demand Peak Around 2040
World crude demand will make a strong post-Covid-19 recovery in 2021-2023 but will peak somewhere around 2040, Opec said in its World Oil Outlook.

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Crude oil

Oil Prices Rebound On Small Crude Draw

Israel And The UAE Sign Historic Oil Deal

Japan April-Sept Crude Import Volume Fell to the Lowest Since at Least 1979

Russian Oil Companies Plan Significant Drilling Cuts For 2021

Oil Demand Expected to Decline in the Next Decade

IEA Says Refining Throughput Set for Quarterly Rise

China Books 12.7% Rise In Oil Imports Jan-Sept

Morgan Stanley Sees Oil Prices Struggling To Break Above $50

Libya to Resume Oil Production at Largest Field Amid Talks

Daily Crude Oil Production Hits over 718K Barrels in the Sultanate

OPEC: Oil Demand to Decline after Plateauing in Late 2030s

China Set for Fresh Gasoline Export Splurge as Golden Week Ends

Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd

Peru Crude Production at Historic Low in Sept

Opec Sees Oil Demand Peak Around 2040