Crude Oil

Oil & Gas
China Is Fueling The Global Crude Oil Demand Recovery
The world’s top oil importer, China, significantly boosted its crude oil imports at the start of the year compared to the end of last year, helping to support
Oil & Gas
Oil Prices Jump Above $61 On Major Crude Draw
Crude oil prices jumped higher after the Energy Information Administration reported crude oil inventories in the U.S. had shed 7.3 million barrels in the week t
Oil & Gas
US Crude Output Down Sharply on Storm
Power outages and freezing temperatures have forced US oil producers to shut down or reduce operations significantly, with impacts ranging from 2mn b/d to as hi
Oil & Gas
India Urges OPEC+ to Ease Production Cuts
"The price-sensitive Indian consumers are affected by rising petroleum product prices," Pradhan said ahead of a March 4 policy-setting meeting of the Organizati
Oil & Gas
UAE’s Energy Ambitions Extend Far Beyond Oil
If 2020 taught us anything it was the need for self-sustainability and the drive for cleaner energy moving into the next decade, as oil demand plummeted.
Oil & Gas
Saudi Arabia Raises Oil Prices To U.S. And Europe
The world’s top oil exporter, Saudi Arabia, raised on Thursday the prices of all its crude oil that will go to the United States and Europe in March while leav
Oil & Gas
U.S. Oil Production On Course To Hit Record Levels In 2023
U.S. oil production fell sharply in 2020, but the Energy Information Administration is expecting it to pick back up and even set new records in just two years,
Oil & Gas
African Members’ Production Troubles Offset OPEC’s Planned Increase
OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations.
Oil & Gas
OPEC+ Now Sees Weaker Oil Demand Growth For 2021
OPEC+ expects global oil demand to rise by 5.6 million barrels per day this year—lower estimated growth than OPEC’s assessment of 5.9-million-bpd demand incre
Oil & Gas
Iraq Raises Crude Oil Exports In January
Iraq’s oil exports increased slightly in January 2021 compared to December 2020, data from the country’s oil ministry showed on Monday, suggesting that Iraq i
Policy & Regulation
Belarus to Raise Export Duties on Oil
Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme
Oil & Gas
Occidental Delivers World First Carbon-Neutral Oil
A unit of U.S. Occidental said this week it had delivered the world’s first shipment of carbon-neutral oil, or oil where emissions associated with the entire c
Oil & Gas
Colombia Aims to Sign 15 Oil Exploration Contracts in 2021
Colombia aims to sign 15 oil exploration contracts in 2021, Mines and Energy Minister Diego Mesa said on Wednesday, while setting the country's crude production
Oil & Gas
OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices
The Organization of Petroleum Exporting Countries withheld some 1.3 billion barrels of oil supply last year to keep prices from falling even further, the secret
Oil & Gas
Oil to Average $54 per barrel in 2021 Amid Tightened Supply, ADCB Says
The promise of stimulus worth $1.9tn for the US economy has also buoyed oil markets

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

China Is Fueling The Global Crude Oil Demand Recovery

Oil Prices Jump Above $61 On Major Crude Draw

US Crude Output Down Sharply on Storm

India Urges OPEC+ to Ease Production Cuts

UAE’s Energy Ambitions Extend Far Beyond Oil

Saudi Arabia Raises Oil Prices To U.S. And Europe

U.S. Oil Production On Course To Hit Record Levels In 2023

African Members’ Production Troubles Offset OPEC’s Planned Increase

OPEC+ Now Sees Weaker Oil Demand Growth For 2021

Iraq Raises Crude Oil Exports In January

Belarus to Raise Export Duties on Oil

Occidental Delivers World First Carbon-Neutral Oil

Colombia Aims to Sign 15 Oil Exploration Contracts in 2021

OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices

Oil to Average $54 per barrel in 2021 Amid Tightened Supply, ADCB Says

Turkmenistan Expands Oil Production at Uzynada Field

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