Crude Oil

Oil & Gas
PSU Refiners Stock up on Cheap Russian Crude
India's state-run refiners are buying several million barrels of the Russian crude that's selling at a deep discount due to Western sanctions.
Oil & Gas
The World Could See a Record-Breaking Oil Supply Shock
IEA: market could lose around 3 million bpd of supply from Russia starting in April.
Oil & Gas
Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns
Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau
Oil & Gas
Oil PSUs Readying to Buy Discounted Russian Crude
Companies would make the move in a day or two after they achieve clarity on insurance, freight and payment for the Russian oil in view of the Western sanctions
Oil & Gas
IEA: 3 mbpd of Russian Oil may not Reach Market from April
Rising commodity prices and sanctions on Russia "are expected to appreciably depress global economic growth" and impact inflation, said the Paris-based IEA, off
Energy Economy
India Looks to Russia to Solve the Energy Crisis Moscow Created
Can Russia rescue India from the high energy prices caused by Moscow's invasion of Ukraine?
Oil & Gas
Norway’s Equinor Ramping up Gas Output to Help Meet Europe’s Demand
Norway’s state player Equinor and the country’s government have worked out a plan to maintain high gas exports to Europe and meet the demand amid supply conce
Oil & Gas
Oil Market Heads for ‘Biggest Supply Crisis in Decades’ with Russia’s Exports Set to Fall, IEA Says
Three million barrels per day of Russian oil output is at risk beginning in April as sanctions hit and buyers shun the nation’s exports, IEA said Wednesday.
Oil & Gas
Brazil Assures US it will Increase Oil Production
The Brazilian government on Monday (Mar 14) assured the United States it will increase its oil production, a decision that could help ease concerns over global
Oil & Gas
BP may Take $25 Billion Hit from Divestment from Russian Oil Company
BP expects to lose up to $25 billion, more than a fourth of its market capitalization, after divesting from its 19.75% stake in the Rosneft oil company in Russi
Oil & Gas
Will India Buy Discounted Russian Oil?
While many countries have already sanctioned Russian oil and gas, India is reportedly considering buying crude oil from Russia at a discount.
Oil & Gas
Japan to Sell Additional 1.89 Mil Barrels Hout Crude From National Reserves
Japan plans to sell an additional 300,000 kiloliters, or 1.89 million barrels, of Hout crude from its national petroleum reserves via a public tender in April.
Oil & Gas
Norway’s Equinor Not Entering Any New Trades for Russian Oil
Following the beginning of the process to exit its projects in Russia, Norwegian state-owned oil and gas player Equinor has now also decided to stop trading in
Oil & Gas
Saudi Considering China’s Yuan for Oil Purchases
Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.
Oil & Gas
Brent Crude Down Almost 6% but Still Above US$100 a Barrel
Brent crude was off almost 6% but remained above US$100 barrel with a potential cessation to violence in Ukraine helping quell sentiment-driven panic price rise

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

PSU Refiners Stock up on Cheap Russian Crude

The World Could See a Record-Breaking Oil Supply Shock

Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns

Oil PSUs Readying to Buy Discounted Russian Crude

IEA: 3 mbpd of Russian Oil may not Reach Market from April

India Looks to Russia to Solve the Energy Crisis Moscow Created

Norway’s Equinor Ramping up Gas Output to Help Meet Europe’s Demand

Oil Market Heads for ‘Biggest Supply Crisis in Decades’ with Russia’s Exports Set to Fall, IEA Says

Brazil Assures US it will Increase Oil Production

BP may Take $25 Billion Hit from Divestment from Russian Oil Company

Will India Buy Discounted Russian Oil?

Japan to Sell Additional 1.89 Mil Barrels Hout Crude From National Reserves

Norway’s Equinor Not Entering Any New Trades for Russian Oil

Saudi Considering China’s Yuan for Oil Purchases

Brent Crude Down Almost 6% but Still Above US$100 a Barrel

Turkmenistan Expands Oil Production at Uzynada Field

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

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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