Crude Oil

Oil & Gas
Iran Expands Oil Production Capacity
Iran is taking a step that would seem counterintuitive in an environment of subdued demand for oil and oil products.
Oil & Gas
OPEC and Russia May Ease Oil Production Cuts
Saudi Arabia, the world’s largest oil exporter, and other major oil-producing countries are likely to increase their output in August.
Oil & Gas
US Crude Stocks Build on Higher Imports, Distillates Inventories Hit 37-yr High: EIA
US crude oil stockpiles grew last week and inventories on the Gulf Coast hit a record high as imports from Mexico rose to an eight-year high.
Oil & Gas
Libya Needs Months to Restore Output: Sanalla
Libya's crude production will take months to return to near the 1.22mn b/d achieved prior to blockades that froze all of the country's onshore crude output in J
Oil & Gas
Exxon Is Big Oil's Outlier In The Post-Pandemic World
While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expend
Oil & Gas
New Zealand Cuts 2020 Oil Output Forecast
New Zealand has cut its 2020 upstream output forecast slightly, but now sees its existing oil and gas reserves lasting for longer than previously planned.
Oil & Gas
Brazil's Oil Output Grows by 7.8% in 2019
Brazil's oil output grew by 7.8 percent in 2019 compared with the year before, averaging 2.8 million barrels a day.
Oil & Gas
Saudi Prince Phones Nigeria to Bring Them in Line with OPEC+ Cuts
Saudi Arabia, de facto leader of the OPEC cartel, held a call with fellow member Nigeria as the organization strives to deliver production cuts aimed at bolster
Oil & Gas
How the Fed Bailed Out U.S. Oil And Gas
he Trump administration has taken dozens of actions during the Covid-19 pandemic to benefit the oil and gas industry.
Oil & Gas
Iraq to Review Some Oil Contracts at High-Cost Fields
Iraq is reviewing oil contracts with some companies operating fields where costs are high, in order to reduce expenses while cutting production.
Oil & Gas
UAE's Adnoc Rolls Over Crude Nomination Cuts in August
Abu Dhabi's state-owned Adnoc will continue to apply 5pc cuts to client nominations for August-loading volumes of the company's four main grades.
Policy & Regulation
Equatorial Guinea Adopts New Petroleum Regulation
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has announced the adoption of the new Regulation of Petroleum Operations Regulation.
Policy & Regulation
Suriname Awaits New President, New Oil Policy
Suriname's president Desi Bouterse has conceded defeat in the emerging oil producer's 25 May parliamentary elections, two days after the country's electoral cou
Oil & Gas
Iran, Iraq Discuss Oil Cooperation
Iranian Oil Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar discussed ways to promote cooperation between the two neighbors in the o
Oil & Gas
India's May Crude Oil Imports Post Biggest Decline Since at Least 2005
India's crude oil imports in May fell 22.6% from a year earlier, the biggest drop since at least 2005.

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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

Iran Expands Oil Production Capacity

OPEC and Russia May Ease Oil Production Cuts

US Crude Stocks Build on Higher Imports, Distillates Inventories Hit 37-yr High: EIA

Libya Needs Months to Restore Output: Sanalla

Exxon Is Big Oil's Outlier In The Post-Pandemic World

New Zealand Cuts 2020 Oil Output Forecast

Brazil's Oil Output Grows by 7.8% in 2019

Saudi Prince Phones Nigeria to Bring Them in Line with OPEC+ Cuts

How the Fed Bailed Out U.S. Oil And Gas

Iraq to Review Some Oil Contracts at High-Cost Fields

UAE's Adnoc Rolls Over Crude Nomination Cuts in August

Equatorial Guinea Adopts New Petroleum Regulation

Suriname Awaits New President, New Oil Policy

Iran, Iraq Discuss Oil Cooperation

India's May Crude Oil Imports Post Biggest Decline Since at Least 2005

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

China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish

Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows

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

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