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Oil & Gas
Putin: Russia Reduces Its Dependence On Oil
Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT.
Oil & Gas
Oil Jumps On Crude Inventory Draw
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 3.1 million barrels for the week to December 1
Oil & Gas
OPEC President: OPEC+ Shouldn’t Hurry To Ease Oil Output Cuts
The OPEC+ group of producers must continue to calibrate the easing of its collective oil production cuts to the still fragile global oil demand in the pandemic.
Oil & Gas
OPEC Cuts 2021 Oil Demand Outlook Again as Pandemic Impact Lingers
Global oil demand will rebound more slowly in 2021 than previously thought because of the lingering impact of the coronavirus pandemic, OPEC said on Monday, ham
Oil & Gas
Oil Production Cuts to End in Norway on December 31st
Throughout this year, Norway imposed oil production cuts to push up oil prices, as was reported by the Petroleum and Energy Ministry of the country.
Oil & Gas
OMAN: November Crude Oil Production Slightly Exceeds OPEC+ Quota
China is by far the largest importer of Omani crude.
Oil & Gas
Karoon Offloads First Oil from Recently-Bought Baúna Field
Australian player Karoon Energy has offloaded its first shipment of over 500,000 barrels of oil from its newly acquired Baúna production field, offshore Brazil
Oil & Gas
Oil Hits $50 On Vaccine Rollout
Brent Crude hit $50 a barrel on Thursday morning for the first time since oil prices crashed in early March, as hopes of swifter-than-thought vaccine rollout fu
Oil & Gas
US Energy Agency Revises up Oil Price Forecast
Brent price expected to increase by 2.1%, according to Energy Info. Administration's Short-Term Energy Outlook for December
Oil & Gas
Denmark to End Oil Production in 2050
The round failed to attract much attention, anyway, with just one applicant expressing interest after French Total withdrew.
Oil & Gas
Global Oil Prices May Remain Range Bound Between $40-50 per Barrel in 2021
The news of a successful coronavirus has ignited the oil market again with crude price moving up mire than 20 per cent in a month to hover close to $50 a barrel
Oil & Gas
Fitch Sees Brent At $45 Next Year
Fitch Ratings said it expected Brent crude to average $45 a barrel next year, following OPEC+’s decision to start raising production by 500,000 bpd monthly fro
Oil & Gas
Sudan's Oil Reserves Estimated at 6 Billion Barrels: Sudan's Energy Ministry
The ministry's oil chief also revealed that "the country currently produces 60,000 barrels per day, and is expected to reach 80,000 barrels per day in 2021."
Oil & Gas
Brent Edges Higher as Opec+ Agrees More Moderate Production Increase
Oil prices crept up this evening after the Opec cartel and its allies agreed to a more gradual easing of production cuts next month.
Oil & Gas
Iraq Cuts Term Crude Supplies to Some European Cilents
Deliveries of Iraqi Basrah crude to Europe and the Mediterranean could drop next year after state-owned marketer Somo trimmed allocations for some of its term c

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

Putin: Russia Reduces Its Dependence On Oil

Oil Jumps On Crude Inventory Draw

OPEC President: OPEC+ Shouldn’t Hurry To Ease Oil Output Cuts

OPEC Cuts 2021 Oil Demand Outlook Again as Pandemic Impact Lingers

Oil Production Cuts to End in Norway on December 31st

OMAN: November Crude Oil Production Slightly Exceeds OPEC+ Quota

Karoon Offloads First Oil from Recently-Bought Baúna Field

Oil Hits $50 On Vaccine Rollout

US Energy Agency Revises up Oil Price Forecast

Denmark to End Oil Production in 2050

Global Oil Prices May Remain Range Bound Between $40-50 per Barrel in 2021

Fitch Sees Brent At $45 Next Year

Sudan's Oil Reserves Estimated at 6 Billion Barrels: Sudan's Energy Ministry

Brent Edges Higher as Opec+ Agrees More Moderate Production Increase

Iraq Cuts Term Crude Supplies to Some European Cilents

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