Global oil

Nigeria
Nigeria Struggles to Find Buyers for October Oil Exports
Nigeria has sent a signal that the recovery in global oil demand still has some way to go, with volumes for next month’s loading struggling to find a home, eve…
Crude Oil
Opec Lifts Oil Supply Forecast, Demand Unchanged
Opec has kept its global oil demand growth projections for 2021-22 unchanged but it has lifted its forecast for supply on the back of rising Opec+ quotas.
Crude Oil
Covid Resurgence in China Drives Global Oil Demand Concerns
China is renewing restrictions and canceling flights as a Covid-19 resurgence in Asia’s top oil consumer sends jitters across the crude market.
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.
Australia
Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm
Oil Search said on Monday it intended to recommend an improved buyout offer from Santos Ltd, worth A$8.4 billion, in a deal that would create a top-20 global oi…
Crude Oil
U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021
Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.
Oil Price
Oil Prices in S. Korea Hit 33-Month High
Retail oil prices in South Korea rose for the ninth consecutive week to reach the highest level in nearly three years amid a global oil rally.
Crude Oil
OPEC Discussing Deal to Raise Oil Production by 2 million b/d by December: Sources
OPEC and its allies appear in striking distance of a deal on production quotas, discussing proposals that call for an output increase of about 2 million b/d fro…
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
Iran
Why Iran’s Presidential Election is the ‘Most Important Political Milestone’ of 2021 for the Global Oil Market
A victory by front-running hard-liner could slow nuclear talks.
OPEC
Video: OPEC Reiterates Global Oil Demand Forecast for 2021
OPEC reiterated its 2021 forecasts for world oil demand on Tuesday, as it nudged its predictions for global economic growth higher.
Oil Price
Goldman: Oil To Hit $80 On Largest Ever Demand Jump
Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank said on Wednesday, keeping its bullish fo…
Market Analysis
These Two Meetings Will Affect Oil And Gold Prices In May
Traders are closely watching two important events this week that are likely to set the tone for oil and gold prices next month.
Oil & Gas Trade
World’s Largest Oil Trader Expects Strong Demand Rebound This Year
Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million barre…
Oil & Gas Supply
OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …

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Global oil

Nigeria Struggles to Find Buyers for October Oil Exports

Opec Lifts Oil Supply Forecast, Demand Unchanged

Covid Resurgence in China Drives Global Oil Demand Concerns

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

Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm

U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021

Oil Prices in S. Korea Hit 33-Month High

OPEC Discussing Deal to Raise Oil Production by 2 million b/d by December: Sources

Oil Giants See Crude at $100/barrel on Supply Side Constraints

Why Iran’s Presidential Election is the ‘Most Important Political Milestone’ of 2021 for the Global Oil Market

Video: OPEC Reiterates Global Oil Demand Forecast for 2021

Goldman: Oil To Hit $80 On Largest Ever Demand Jump

These Two Meetings Will Affect Oil And Gold Prices In May

World’s Largest Oil Trader Expects Strong Demand Rebound This Year

OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision