Crude Oil

Oil & Gas
Oil Turns Positive, Clawing Back Losses After White House Calls on OPEC to Boost Production
Oil prices reversed losses to trade in the green on Wednesday, after the White House called on OPEC and its allies to increase oil production to support the glo
Oil & Gas
Pipeline Leak Cuts Libya’s Oil Production By 70,000 Bpd
Libya’s crude oil production fell on Monday by 60,000-70,000 barrels per day because pumping crude at an oilfield had to be reduced because of a leak in a pipe
Oil & Gas
DPR Plans Incentives for Operators, Eyes 50bn Barrels Oil Reserves
According to him, effective implementation of the MER strategies would deliver greater value overall to all stakeholders.
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.

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Most views from Crude Oil

CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

Crude Oil

Oil Turns Positive, Clawing Back Losses After White House Calls on OPEC to Boost Production

Pipeline Leak Cuts Libya’s Oil Production By 70,000 Bpd

DPR Plans Incentives for Operators, Eyes 50bn Barrels Oil Reserves

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

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

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

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