Crude Oil

Oil & Gas
White House Vows to Avoid Future Sanctions on Russian Crude Oil
The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said
Oil & Gas
Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise
Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of U
Oil & Gas
India may Draw on Oil Reserves to Soften Prices as Ukraine's Invasion Disrupts Global Supplies
India may tap its emergency oil stockpile to cool off prices that have surged on concerns that Russia's invasion of Ukraine will disrupt global supplies.
Oil & Gas
After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’
Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the
Oil & Gas
Russian Crude Trades at Record Low Versus Brent on Sanctions Fears
Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept
Oil & Gas
Why Europe Is So Dependent on Russia for Natural Gas
Europeans have been suffering under painfully high energy prices in the lead-up to Russia launching an attack on Ukraine on Thursday morning.
Oil & Gas
Oil Tops $105/bbl After Russia Attacks Ukraine
Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia's attack on Ukraine exacerbated c
Oil & Gas
Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cl
Energy Economy
Norway’s January Oil Output Sinks Below Predictions
Norway’s oil production in January 2022 fell behind the Norwegian Petroleum Directorate’s predictions by 2.3 per cent, while the gas output also experienced a
Oil & Gas
India Expects Fuel Demand to Grow 5.5% in the Next Fiscal Year
India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial acti
Oil & Gas
Factbox: Asian buyers of Russian oil, gas and coal
As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade sanctions may have implications for Asian c
Oil & Gas
Oil Rises and Natural Gas Surges 8% as Russia Orders Troops to Ukraine
Energy prices, notably natural gas and crude, climbed sharply, amid the threat of a full-scale invasion of Ukraine by Russia.
Oil & Gas
India Move to Fill up Crude Oil Storages
Indian Strategic Petroleum Reserves Limited issues tenders to fill up the reserves at Visakhapatnam and Mangalore
Oil & Gas
Global Mobility Resumes Path to Recovery After Asian COVID-19 Setbacks
Oil demand markers in most of the world’s biggest oil consuming countries recovered in the week to Feb. 14, according to mobility data, with markets emerging f
Oil & Gas
Guyana Talking to Middle East Firms About Offshore Oil Auction
Guyana is in talks with state-run oil firms from the Middle East to discover new offshore fields.

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

White House Vows to Avoid Future Sanctions on Russian Crude Oil

Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise

India may Draw on Oil Reserves to Soften Prices as Ukraine's Invasion Disrupts Global Supplies

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

Russian Crude Trades at Record Low Versus Brent on Sanctions Fears

Why Europe Is So Dependent on Russia for Natural Gas

Oil Tops $105/bbl After Russia Attacks Ukraine

Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil

Norway’s January Oil Output Sinks Below Predictions

India Expects Fuel Demand to Grow 5.5% in the Next Fiscal Year

Factbox: Asian buyers of Russian oil, gas and coal

Oil Rises and Natural Gas Surges 8% as Russia Orders Troops to Ukraine

India Move to Fill up Crude Oil Storages

Global Mobility Resumes Path to Recovery After Asian COVID-19 Setbacks

Guyana Talking to Middle East Firms About Offshore Oil Auction

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