Crude Oil

Oil & Gas
Zanganeh: Iran Prepared to Return to Int’l Oil Market
Iran is ready to return to the international oil market at the highest level when a political agreement is reached between Iran and the world powers, and the un
Oil & Gas
Opec+ Adds Around 700,000 b/d in July
The Opec+ group added 680,000 b/d to its crude output last month, boosted by higher quotas and the end of Saudi Arabia's extra cut.
Oil & Gas
Oil falls Amid US Inventory Build-up and Mounting Concerns over Delta Variant Surge
Brent and WTI sank 2.8 per cent and 3.4 per cent, respectively, on Wednesday, marking their biggest fall in two weeks
Oil & Gas
Libyan Crude Output could Rise 200,000 b/d by Year-End: OMV Executive
Libya has the potential to boost its oil output by as much as 200,000 b/d by the end of the year, depending on the security situation, an executive from Austria
Oil & Gas
Covid Resurgence in China Drives Global Oil Demand Concerns
China is renewing restrictions and canceling flights as a Covid-19 resurgence in Asia’s top oil consumer sends jitters across the crude market.
Oil & Gas
Shell Could Resume Oil and Gas Exploration in Libya
North Africa’s second-largest oil producer is gradually increasing crude exports after a blockade last year cost it $11bn in lost fiscal revenue
Oil & Gas
APA, TotalEnergies Drill Successful Appraisal Well Offshore Suriname
APA Corporation announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58.
Oil & Gas
Halt in Fuel Price Revision Continues, Global Oil Rates Above $75/bbl
In the national capital, petrol continued to be sold for Rs 101.84 per litre, while diesel was being sold at the unchanged rate of Rs 89.87 a litre on Sunday.
Oil & Gas
Oil Prices Slide on Worries over China Economy and Higher Crude Output
Brent crude oil futures skidded 81 cents, or 1%, to $74.60 a barrel by 0116 GMT.
Oil & Gas
Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt
Cambodian Prime Minister Samdech Techo Hun Sen said on Sunday that the kingdom's first-ever oil extraction had come to a full stop after Singapore-based oil and
Oil & Gas
China’s Crackdown on Excess Capacity to Impact Crude Oil Imports
China’s drive to lower emissions, is expected to have a negative impact on crude oil imports from private refineries.
Energy Economy
Energy Import Bill up 131 pct in June 2021
Turkey's energy import bill increased by 131 percent to $3.63 billion in June this year compared to the same month last year.
Oil & Gas
BW Working to Tie in Gabon Wells for First Oil Later This Year
Oil and gas company BW Energy has completed the final horizontal production well on the Dussafu Marin license in Gabon and is now working to tie in two wells fo
Oil & Gas
Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel
Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude o
Oil & Gas
Exxon Makes Another Major Oil Discovery Offshore Guyana
ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

Zanganeh: Iran Prepared to Return to Int’l Oil Market

Opec+ Adds Around 700,000 b/d in July

Oil falls Amid US Inventory Build-up and Mounting Concerns over Delta Variant Surge

Libyan Crude Output could Rise 200,000 b/d by Year-End: OMV Executive

Covid Resurgence in China Drives Global Oil Demand Concerns

Shell Could Resume Oil and Gas Exploration in Libya

APA, TotalEnergies Drill Successful Appraisal Well Offshore Suriname

Halt in Fuel Price Revision Continues, Global Oil Rates Above $75/bbl

Oil Prices Slide on Worries over China Economy and Higher Crude Output

Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt

China’s Crackdown on Excess Capacity to Impact Crude Oil Imports

Energy Import Bill up 131 pct in June 2021

BW Working to Tie in Gabon Wells for First Oil Later This Year

Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel

Exxon Makes Another Major Oil Discovery Offshore Guyana

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