Crude Oil

Oil & Gas
OPEC+ Set To Continue With 400,000 Bpd Production Increase
The OPEC+ group is expected to decide next week whether it should continue unwinding the oil production cuts by another 400,000 barrels per day in March
Oil & Gas
Guyana’s Oil Production To Increase Three-Fold Next Month
Exxon plans to begin oil production from a second platform offshore Guyana next month
Oil & Gas
Ice Brent Crude at $90/bl
Front-month Ice Brent crude futures prices topped $90/bl today for the first time since October 2014.
Oil & Gas
U.S. Releases Another 13.4 Million Barrels From SPR
The U.S. administration has approved the release of another 13.4 million barrels of crude from the strategic petroleum reserve in a move first announced last No
Oil & Gas
Peru Warns Repsol Over Oil Spill
A suspension of Repsol's refinery is among the punitive measures that Peru is considering in response to a damaging oil spill last week.
Oil & Gas
OPEC’s Shrinking Capacity Could Send Oil Above $100
The oil market is quickly realizing that many OPEC producers may not have the capacity to boost output much further.
Oil & Gas
Russia’s Oil Output Could Peak In 2023
There are growing doubts as to whether Russia can grow petroleum production to the volumes forecast by Moscow.
Oil & Gas
China's Crude Oil Output Rises in 2021
China's crude oil output reached nearly 199 million tonnes last year, up 2.4 percent from the previous year, official data showed.
Oil & Gas
Norway Recorded Higher Oil & Gas Output in December
Norway’s oil and gas production increased in December 2021 when compared to the previous month but it was slightly below predictions made by the Norwegian Petr
Oil & Gas
Iraq-Turkey Pipeline Resumes Oil Flows After Explosion
The 450,000-barrels-per-day Kirkuk-Ceyhan pipeline that carries crude from northern Iraq to Turkey’s Ceyhan port for export resumed oil flows on Wednesday afte
Oil & Gas
Goldman Sachs Sees $105 Oil In 2023
Oil prices could hit $100 this year and rise to $105 per barrel in 2023, on the back of a “surprisingly large deficit” on the oil market now due to the much m
Oil & Gas
China Refined A Record Amount Of Crude Oil In 2021
Crude oil processing rates in China reached a record last year
Oil & Gas
Opec+ Quota Gap Widens
Opec+ crude production increased last month but fell short of the 400,000 b/d agreed rise in quotas, as several members struggled to keep pace.
Oil & Gas
Indian State Refiners get February Saudi Crude Requests
Indian state-controlled refiners are getting their requested term crude volumes from Saudi Arabia's state-controlled Saudi Aramco for February loading.
Oil & Gas
Tunisia's Energy Output up 33% in 2021 to 4.7mln Tonnes of Oil Equivalent
Energy deficit reached 4.1mln tonnes of oil equivalent

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

OPEC+ Set To Continue With 400,000 Bpd Production Increase

Guyana’s Oil Production To Increase Three-Fold Next Month

Ice Brent Crude at $90/bl

U.S. Releases Another 13.4 Million Barrels From SPR

Peru Warns Repsol Over Oil Spill

OPEC’s Shrinking Capacity Could Send Oil Above $100

Russia’s Oil Output Could Peak In 2023

China's Crude Oil Output Rises in 2021

Norway Recorded Higher Oil & Gas Output in December

Iraq-Turkey Pipeline Resumes Oil Flows After Explosion

Goldman Sachs Sees $105 Oil In 2023

China Refined A Record Amount Of Crude Oil In 2021

Opec+ Quota Gap Widens

Indian State Refiners get February Saudi Crude Requests

Tunisia's Energy Output up 33% in 2021 to 4.7mln Tonnes of Oil Equivalent

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