Crude Oil

Oil & Gas
Opec Maintains 2022 Demand Outlook and Expects Mild Impact from Omicron Variant
The group maintained its oil demand forecast for next year at 4.2 million barrels per day
Oil & Gas
Oil Prices Steady and on Course for Biggest Weekly Gain Since Late August
Lingering concerns as to whether the Omicron variant may push border movement restrictions during the festive season
Oil & Gas
U.S. to Sell 18 mln Barrels of Oil from Reserves on Dec 17
The U.S. Department of Energy said on Friday it will sell 18 million barrels of crude oil from the strategic petroleum reserve on Dec. 17, as part of a previous
Oil & Gas
Oman Bases 2022 Budget on Oil Price of $50/b, up from $45/b in 2021
2022 oil output forecast at 1.055 mil b/d vs 960,000 b/d in 2021
Oil & Gas
Tarim Oilfield Produces Over 30-mln-tonne Oil, Gas Equivalent
The Tarim Oilfield of China National Petroleum Corporation, China's leading oil and gas producer, produced more than 30 million tonnes of oil and gas equivalent
Oil & Gas
Saudi Arabia Will Supply Full Volumes To Asia
Saudi Arabia will supply full contracted oil volumes to most of its buyers in Asia.
Oil & Gas
Iraqi Crude Output Rises to 18-month High of 4.21 mil b/d in Nov: SOMO
Iraqi crude oil production, including flows from the semi-autonomous Kurdistan region, rose to an 18-month high of 4.208 million b/d in November.
Oil & Gas
White House not Considering Crude Export Ban
President Joe Biden's administration has all but ruled out the idea of pursuing a ban on crude exports, following an outcry from the oil industry and its allies
Oil & Gas
Top U.S. Shale Producer Worries Oil Prices could Run too Hot
Scott Sheffield, the chief executive of top U.S. shale producer Pioneer Natural Resources Co, on Tuesday said he worries oil prices could get too high and furth
Oil & Gas
Iran Delivers Fourth Crude Condensate Cargo To Venezuela
Iran has delivered the fourth cargo of crude oil condensate to Venezuela since the start of this year.
Oil & Gas
Iraq’s Crude Exports Exceed 98 Million Barrels In Nov: Ministry
Iraqi Ministry of Oil said yesterday that, the country exported 98.19 million barrels of crude oil in Nov, bringing in revenues of about 7.59 billion U.S. dolla
Oil & Gas
U.S. May Delay Oil Reserve Release
The United States might adjust the timing of the release of some 50 million barrels of crude oil from the strategic petroleum reserve depending on the direction
Oil & Gas
Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties
The producers' group, led by Saudi Arabia and Russia, will bring 400,000 barrels per day to the market next month as planned
Oil & Gas
Acelen to Boost Runs at Newly Acquired Brazil Refinery
Abu Dhabi state-owned Acelen plans to step up crude throughput at its newly acquired 333,000 b/d Mataripe refinery in Brazil to meet growing demand in the count
Oil & Gas
Production Starts at Angola’s Clov 2 Oil Project
Crude production has started at the Clov 2 project in block 17 offshore Angola, the second new deepwater development to come on stream in the west African count

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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

Opec Maintains 2022 Demand Outlook and Expects Mild Impact from Omicron Variant

Oil Prices Steady and on Course for Biggest Weekly Gain Since Late August

U.S. to Sell 18 mln Barrels of Oil from Reserves on Dec 17

Oman Bases 2022 Budget on Oil Price of $50/b, up from $45/b in 2021

Tarim Oilfield Produces Over 30-mln-tonne Oil, Gas Equivalent

Saudi Arabia Will Supply Full Volumes To Asia

Iraqi Crude Output Rises to 18-month High of 4.21 mil b/d in Nov: SOMO

White House not Considering Crude Export Ban

Top U.S. Shale Producer Worries Oil Prices could Run too Hot

Iran Delivers Fourth Crude Condensate Cargo To Venezuela

Iraq’s Crude Exports Exceed 98 Million Barrels In Nov: Ministry

U.S. May Delay Oil Reserve Release

Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties

Acelen to Boost Runs at Newly Acquired Brazil Refinery

Production Starts at Angola’s Clov 2 Oil Project

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

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

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