Crude Oil

Oil & Gas
Surprise Boost for Nigeria's Economy Comes with Higher Oil Flows
Nigerian economic growth beat estimates in the first quarter as oil production rose to the highest in at least four years.
Oil & Gas
Metals Can Leap Over the Oil Slick
After 2008, metals and oil rebounded together from the depths of the financial crisis, as China’s consumption of raw materials took off. This time, their recov
Oil & Gas
PetroChina's Dalian Refinery to Resume Operations in Late-June
PetroChina said on Tuesday its subsidiary refinery Dalian Petrochemical Corp, which kicked off an overhaul on April 8, is expected to resume operations in late-
Energy Economy
US WTI Crude Futures Rise Above $30/bl
U.S. benchmark WTI crude futures rose above $30 a barrel for the first time in two months.
Oil & Gas
China Crude Oil Runs Rebound in April as Fuel Demand Picks Up
The country processed a total of 53.85 million tonnes of crude oil last month, data from the National Bureau of Statistics (NBS) showed on Friday, equivalent to
Oil & Gas
Oil Hits One-Month High as Signs of Demand Emerge Amid Coronavirus Crisis
Oil prices jumped more than 3% on Friday, touching more than one-month highs amid signs that demand for crude was picking up with China reporting increased refi
Oil & Gas
Petrobras Books $8.35 bn Q1 Loss Amid 'Worst Crisis in 100 Years'
State oil company Petrobras on Thursday reported a big loss in the first quarter of the year.
Oil & Gas
Russia’s OPEC+ Challenge: Cut Output Without Maiming Industry
Russian oil producers are confronting their greatest challenge in decades as they try to fend off a historic price slump without permanently damaging their fiel
Policy & Regulation
USA's Purchase on Sweet Crude Oil will Not Follow Original Plan
US Energy Department says it will buy up to 1 mln bbls of sweet crude oil for strategic reserve from small to midsize domestic producers.
Oil & Gas
OPEC Says Nigeria's Oil Output Dropped Last Month
The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output, excluding Condensate, at 1.78 million barrels per day, m/bd, in April 20
Oil & Gas
OPEC Expects Global Oil Demand Hits Biggest Downfall
The Organization of the Petroleum Exporting Countries now expects global demand to contract by 9.07 million barrels per day, or 9.1 per cent, in 2020, it said i
Oil & Gas
Oil Drops in Early Asian Trading Amid Worries about Second Wave Pandemic
Oil prices fell in early Asian trading on Wednesday after industry data showed a rise in U.S. crude inventories and concerns mount about a possible second wave
Oil & Gas
U.S. Crude Output to Drop, Oil Demand to Slump by 2.2 Million Barrels Per Day in 2020
U.S. oil demand is expected to fall by about 2.2 million barrels a day in 2020.
Oil & Gas
Saudi Arabia to Cut June's Oil Production
Saudi Arabia's Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels p
Oil & Gas
UAE Making Even Bigger Cuts To Oil Production Next Month
The United Arab Emirates will cut even more oil production in June, UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei announced th

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

Surprise Boost for Nigeria's Economy Comes with Higher Oil Flows

Metals Can Leap Over the Oil Slick

PetroChina's Dalian Refinery to Resume Operations in Late-June

US WTI Crude Futures Rise Above $30/bl

China Crude Oil Runs Rebound in April as Fuel Demand Picks Up

Oil Hits One-Month High as Signs of Demand Emerge Amid Coronavirus Crisis

Petrobras Books $8.35 bn Q1 Loss Amid 'Worst Crisis in 100 Years'

Russia’s OPEC+ Challenge: Cut Output Without Maiming Industry

USA's Purchase on Sweet Crude Oil will Not Follow Original Plan

OPEC Says Nigeria's Oil Output Dropped Last Month

OPEC Expects Global Oil Demand Hits Biggest Downfall

Oil Drops in Early Asian Trading Amid Worries about Second Wave Pandemic

U.S. Crude Output to Drop, Oil Demand to Slump by 2.2 Million Barrels Per Day in 2020

Saudi Arabia to Cut June's Oil Production

UAE Making Even Bigger Cuts To Oil Production Next Month

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