Crude Oil

Oil & Gas
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
Oil & Gas
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E
Oil & Gas
Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar
Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO.
Oil & Gas
More Oil From U.S. Strategic Petroleum Reserve Heads to Europe
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and look
Oil & Gas
Shell Agrees to Sell its Russian Petrol Stations
LUKOIL will buy Shell’s Russian retail and lubricants businesses
Oil & Gas
China's Shenghong Resumes Crude Buying Ahead of Refinery Commissioning
China's private refining complex Shenghong Petrochemical has resumed crude oil purchases ahead of the commissioning of its new refinery, sources with knowledge
Oil & Gas
Opec to Attend Iraq Energy Forum in June
Opec said it will participate in the sixth Iraq Energy Forum in Baghdad from June 18-20.
Oil & Gas
Biden Sidelined Global Energy Partners with Record Emergency Oil Release
The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in IEA, leaving them scrambling to match
Oil & Gas
CNOOC Adds Oilfields in Brazil
China National Offshore Oil Corp (CNOOC)'s ultra-deepwater pre-salt oilfield in Brazil was put into operation on Tuesday, the latest effort by the country's top
Oil & Gas
Oil Slips as Investors Eye EU Vote on Russian Oil Ban
Oil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on a Russian oil embargo that is expected to tighten global supp
Oil & Gas
EU Steps Up Purchases of U.S. Oil
EU crude oil imports from the U.S. are ramping up as the EU mulls an import ban on Russian crude.
Oil & Gas
Chinese Giant Brings on Stream Two Projects in Bohai Sea
Chinese oil and gas player CNOOC Limited has kicked off production from two oilfield development projects located in the Bohai Sea off China.
Oil & Gas
Abu Dhabi Crude to Head to Europe, Replace Russian Oil
A shipping unit of France's TotalEnergies has provisionally chartered a tanker to load Abu Dhabi crude in early May for Europe, the first such shipment in two y
Oil & Gas
EU Prepares ‘Smart Sanctions’ on Russia
The European Union is preparing “smart sanctions” against Russian oil imports, The Times says, citing the European Commission’s executive vice-president, Val
Energy Economy
Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform
Guyana sold its first share of crude oil from the country's newest offshore production facility to Exxon Mobil (XOM.N) for about $106 million, the government sa

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CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

Crude Oil

Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN

Oil Prices Drop on Profit-Taking, Supply Fears Linger

Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar

More Oil From U.S. Strategic Petroleum Reserve Heads to Europe

Shell Agrees to Sell its Russian Petrol Stations

China's Shenghong Resumes Crude Buying Ahead of Refinery Commissioning

Opec to Attend Iraq Energy Forum in June

Biden Sidelined Global Energy Partners with Record Emergency Oil Release

CNOOC Adds Oilfields in Brazil

Oil Slips as Investors Eye EU Vote on Russian Oil Ban

EU Steps Up Purchases of U.S. Oil

Chinese Giant Brings on Stream Two Projects in Bohai Sea

Abu Dhabi Crude to Head to Europe, Replace Russian Oil

EU Prepares ‘Smart Sanctions’ on Russia

Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform

CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows

China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish

SOCAR Announces Expected Volume of Euro-5 Gasoline Output in Azerbaijan in 2025

Egyptian Petroleum Minister Inspects First Exploration Well Operations at New Oil Field in Gulf of Suez

Petrovietnam and Partners Sign PSC for Vietnam’s Block 15-1