Crude Oil

Oil & Gas
U.S. Emergency Oil Reserves Tumble to Lowest Since 1984
U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of En
Oil & Gas
Oil Prices Climb on Tight Supply Worries
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between
Oil & Gas
Norwegian Energy Giant Equinor Completes Russia Exit
It has exited from four joint ventures with state-owned Rosneft as well as the Kharyaga oilfield project
Oil & Gas
Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984
Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.
Oil & Gas
Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth
UAE, Oman back Saudi view on possible output cut
Energy Economy
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Oil & Gas
Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening
Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support prices in the case of returning Iranian crude and
Oil & Gas
U.S. Crude in SPR Hits Lowest Level Since January 1985
U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 8.1 million barrels in the latest week to the lowest level in more than 35 years, accordin
Oil & Gas
U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study
U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with
Oil & Gas
Latin America’s Crude Exports Drop In August
Exports of crude oil and condensates from Latin America, excluding Venezuela, have fallen so far in August compared to high levels in July
Oil & Gas
More U.S. Sour Crude Heads to Germany to Replace Russia Oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as
Oil & Gas
Shell to Shut Gulf of Mexico Crude Pipes for 2 Weeks in September
Shell on Tuesday said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries.
Oil & Gas
Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "
Oil & Gas
Switzerland Considers Switching to Oil for Power Plants
Amid a looming energy crisis, Switzerland could turn to oil for electricity production in the winter in case of an emergency, Swiss Energy Minister Simonetta So
Oil & Gas
It’s Time for an Oil and Gas Boom in Africa
There are plenty of promising oil and gas opportunities in Africa, but the global transition away from carbon-intensive energy sources makes it a controversial

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Most views from Crude Oil

Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

U.S. Emergency Oil Reserves Tumble to Lowest Since 1984

Oil Prices Climb on Tight Supply Worries

Norwegian Energy Giant Equinor Completes Russia Exit

Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984

Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth

Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt

Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening

U.S. Crude in SPR Hits Lowest Level Since January 1985

U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study

Latin America’s Crude Exports Drop In August

More U.S. Sour Crude Heads to Germany to Replace Russia Oil

Shell to Shut Gulf of Mexico Crude Pipes for 2 Weeks in September

Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View

Switzerland Considers Switching to Oil for Power Plants

It’s Time for an Oil and Gas Boom in Africa

Turkmenistan Expands Oil Production at Uzynada Field

Russia’s Rosneft Reports 70% Fall In 9-Month Net Income

Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures

EIA Confirms Turkmenistan’s Rising Oil Reserves

Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures

Iran Clears Oil Spill in Northern Gulf Region