Crude Oil

Oil & Gas
Goldman Sachs: Here’s How Oil Prices Could Reach $90 This Winter
Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on W
Oil & Gas
Nigeria Hopeful Opec+ will Grant Baseline Change
Nigeria remains hopeful that the Opec+ group will grant its latest request to raise the baseline from which its crude output quotas are calculated, despite prev
Oil & Gas
US Gulf operators restore 70pc of Ida-halted oil output
US Gulf of Mexico offshore producers have brought back about 70pc of the oil output that was halted due to Hurricane Ida.
Oil & Gas
Brent Nears $74 Amid Slow Return of US Oil Output
Brent crude neared $74 per barrel on Monday as it gained 31 cents or 0.42 cents to trade at $73.82 per barrel at the market, while the US West Texas Intermediat
Oil & Gas
Opec Lifts Oil Demand Forecast for 2022
Opec has increased its global oil demand forecast for 2022 by almost 1mn b/d, taking it back above 100mn b/d, even though there was some disquiet about this at
Oil & Gas
Oil Rises to Six-Week High as U.S. Supply Concerns Dominate
Oil prices rose to a six-week high on Monday as U.S. output remains slow to return two weeks after Hurricane Ida slammed into the Gulf Coast and worries another
Oil & Gas
Oil Slides After China Unexpectedly Releases Crude From National Reserve
Just hours after China revealed yet another high in producer price inflation, Beijing has taken the unprecedented step of releasing oil from its national crude
Oil & Gas
China’s Oil Imports Rebounded In August
China’s crude oil imports averaged 10.25 million bpd daily last month, more than 5 percent higher than in July, energy analytics provider OilX has reported.
Energy Economy
Iraq and Total Sign $27 bln Energy Projects Deal
France's Total will build four giant energy projects in southern Iraq under a $27 billion deal signed in Baghdad on Sunday, the country's oil minister said.
Oil & Gas
Libya can Pump 2 million bpd of Oil by End 2022 Under $1.1bn Spending Plan: Finance Minister
Libya’s oil output could rise to 2 million barrels per day by the end of 2022 if the industry is given the $1.1 billion it has been allocated in the budget, ac
Oil & Gas
Nigeria Struggles to Meet OPEC’s Crude Oil Quota
Despite requesting for a higher baseline in August, Nigeria failed to meet the existing crude oil supply quota allocated to it by the Organisation of Petroleum
Oil & Gas
Russia’s Oil Production To Drop By Just 1% This Year
Russia’s oil production this year is expected to be 1 percent lower compared to 2020, in view of the OPEC+ agreement.
Oil & Gas
China’s CNPC Looks To Revive Oil Projects In Venezuela
The China National Petroleum Corporation is preparing to return to Venezuela after the Maduro government finalizes legislation seeking to attract more foreign c
Oil & Gas
Oil Rises After Opec+ Agrees to more Supply
Group's joint ministerial monitoring committee expects a surplus of 2.5 million bpd in 2022
Oil & Gas
Iraqi Crude Exports up 5pc in August
Iraqi crude exports marketed by state-owned Somo increased by 5pc on the month to 3.05mn b/d in August.

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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

Goldman Sachs: Here’s How Oil Prices Could Reach $90 This Winter

Nigeria Hopeful Opec+ will Grant Baseline Change

US Gulf operators restore 70pc of Ida-halted oil output

Brent Nears $74 Amid Slow Return of US Oil Output

Opec Lifts Oil Demand Forecast for 2022

Oil Rises to Six-Week High as U.S. Supply Concerns Dominate

Oil Slides After China Unexpectedly Releases Crude From National Reserve

China’s Oil Imports Rebounded In August

Iraq and Total Sign $27 bln Energy Projects Deal

Libya can Pump 2 million bpd of Oil by End 2022 Under $1.1bn Spending Plan: Finance Minister

Nigeria Struggles to Meet OPEC’s Crude Oil Quota

Russia’s Oil Production To Drop By Just 1% This Year

China’s CNPC Looks To Revive Oil Projects In Venezuela

Oil Rises After Opec+ Agrees to more Supply

Iraqi Crude Exports up 5pc in August

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