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Crude Oil
Oil & Gas
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap
Oil & Gas
Saudi Arabia, UAE and Allies Announce Surprise Oil Production Cuts
Saudi Aramco's Ras Tanura oil refinery and oil terminal. Opec+ members Saudi Arabia, the UAE, Iraq, Kuwait and Algeria have agreed to voluntary oil producti
Oil & Gas
Turkey Stops KRG Ceyhan Crude Flows After Court Ruling
Turkey has formally told the Iraqi federal government that it has stopped pumping crude from the Iraqi Kurdistan region for loading at the Turkish port of Ceyha
Oil & Gas
Oil Spill Fear After Fatal Explosion on Chevron FSO Offshore Thailand
One contractor killed in incident on the Benchamas 2Government agencies are on alert for a potential oil spill from the floating storage and offloading (FSO) ve
Oil & Gas
Biden Administration Plans to Sell 26 Million Barrels of Crude
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought t
Oil & Gas
USA EIA Reveals Latest Gasoline and Diesel Price Forecasts
The U.S. Energy Information Administration (EIA) has revealed its latest gasoline and diesel price forecasts for 2023 and 2024 in its February short term energy
Oil & Gas
What Would War-End Mean for Global Oil and Gas?
The end of the war in Ukraine would reduce pressure on Western governments to continue expanding sanctions on Russia’s oil and gas sector.That’s acc
Oil & Gas
Energy Workforce & Technology Council: Oilfield Services Employment Highest Since March 2020
(WO) — Employment in the U.S. oilfield services and equipment sector rose by an estimated 3,069 jobs to 652,090 in January, according to preliminary data from
Oil & Gas
OPEC+ Agrees to Stick to Oil Output Targets Amid Improving China Outlook
Opec's headquarters in Vienna. APThe Opec+ alliance of 23 oil-producing countries has agreed to roll over its existing oil output cuts as the fuel demand ou
Oil & Gas
Chevron Venezuela Output up by 40,000 B/D
Chevron said its crude output in Venezuela has risen by about 40,000 b/d to reach 90,000 b/d since US sanctions were eased against the country late last year, w
Oil & Gas
Russian Seaborne Crude Exports Rebound to Two-Month High in January, Report Says
A ship in the Baltic Sea on the natural gas pipeline Nord Stream 2 from Russia to Germany. An EU and G7 price cap on Russian oil has aimed to reduce Moscow&rsqu
Oil & Gas
Global Oil Demand Will Surge to Record This Year as China Reopens, Iea Says
A drilling platform at Norway's giant offshore Johan Sverdrup field.Global oil demand will surge to a record this year following the end of coronavirus rest
Oil & Gas
Keppel Offshore & Marine Former Senior Managers Escape Prosecution for Bribery Scandal
Six former senior officials of Singapore’s Keppel Offshore & Marine have escaped prosecution on corruption charges relating to Brazil’s Operation Ca
Oil & Gas
Mele Kyari Says Nigeria Can Hit 2.2 MB/D Crude Oil Production in 2023
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, has said that the country can achieve a 2.2 million bar
Oil & Gas
Energy outlook: Oil making a comeback in 2023, says WoodMac
With the global energy crisis still running the show, Wood Mackenzie, an energy intelligence group, has outlined ten predictions for the energy industry in 2023
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Most views from Crude Oil
1
China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish
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CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons
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India to Overtake China in Crude Oil Consumption by 2024, 2025
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China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge
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EIA Confirms Turkmenistan’s Rising Oil Reserves
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Nigeria Inks Massive Oil Deal With Supermajors