Crude Oil

Oil & Gas
Goldman Sachs: Oil Demand Could Exceed Supply By End-May
Oil demand could rebound enough to exceed supply by the end of this month, Goldman’s head of commodities Jeffrey Currie told Barron’s Market Brief, noting tha
Energy Economy
Crude Oil Futures Rise on Spot Demand
Crude oil prices on Friday rose Rs 40 to Rs 1,874 per barrel as participants widened their positions on firm spot demand.
Oil & Gas
Shell to Shut Philippines Refinery
Shell's Philippine affiliate Pilipinas Shell Petroleum will temporarily shut operations at its 110,000 b/d Tabangao refinery for approximately a month starting
Oil & Gas
Korea's SK Innovation Sees Refining Slump Continuing
SK Innovation, the south Korean oil refiner, sees no sign of recovery.
Oil & Gas
Russia Predicts U.S. Oil Output Will Drop By 2-3 Million Bpd
U.S. oil production could decline this year by 2 million bpd-3 million bpd, due to limited storage capacity and low oil prices, Russia’s Deputy Energy Minister
Oil & Gas
Equatorial Guinea set to Construct Modular Crude Oil Refinery in Punta Europa
The contract was awarded to Houston based VFuels Oil & Gas Engineering (VFuels),a full service oil and gas engineering, design, and fabrication firm that specia
Oil & Gas
Numaligarh Refinery to Import 21TMT of Crude Oil from Petronas Malaysia
NRL will take advantage of the collapse in oil prices to import 21 tonnes of crude from petronas.
Oil & Gas
Saudi Must Reduce Expenditures to Ease COVID-19 Economic Impact: Minister
Saudi Arabia "must reduce expenditures" to mitigate the economic impact of the COVID-19 pandemic, Finance Minister Mohammed al-Jadaan said.
Oil & Gas
Oil Rises Further Above US$26 as Opec+ Begins Record Cuts
Oil rose further above US$26 a barrel on Friday as Opec and its allies embarked on record output cuts to tackle a supply glut due to the coronavirus crisis that
Oil & Gas
Oman Plans About 30 Per Cent Cut in July Crude Allocations
Oman has notified all its crude oil term customers of a cut of about 30 per cent in their allocations for July loading and delivery, Oman's oil and gas minist
Oil & Gas
Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts
Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfa
Oil & Gas
Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start
The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co
Oil & Gas
Oil Major Chevron Could Be Forced To Cut Oil Production In Kazakhstan
Kazakhstan is in talks with the companies operating its two sizeable offshore oil projects to reduce total output by 22 percent in compliance with the latest OP
Oil & Gas
Russia Calls For Market Share Target For OPEC+
It would make sense for the OPEC+ coalition of oil producers to begin monitoring the group’s market share to measure how effective the OPEC+ actions are.
Oil & Gas
Russian Oil Production Set For First Annual Drop Since 2008
Due to the OPEC+ production cut deal, Russia’s oil production could decline by 15 percent annually in 2020, Russian Energy Minister Alexander Novak told news a

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

Goldman Sachs: Oil Demand Could Exceed Supply By End-May

Crude Oil Futures Rise on Spot Demand

Shell to Shut Philippines Refinery

Korea's SK Innovation Sees Refining Slump Continuing

Russia Predicts U.S. Oil Output Will Drop By 2-3 Million Bpd

Equatorial Guinea set to Construct Modular Crude Oil Refinery in Punta Europa

Numaligarh Refinery to Import 21TMT of Crude Oil from Petronas Malaysia

Saudi Must Reduce Expenditures to Ease COVID-19 Economic Impact: Minister

Oil Rises Further Above US$26 as Opec+ Begins Record Cuts

Oman Plans About 30 Per Cent Cut in July Crude Allocations

Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts

Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start

Oil Major Chevron Could Be Forced To Cut Oil Production In Kazakhstan

Russia Calls For Market Share Target For OPEC+

Russian Oil Production Set For First Annual Drop Since 2008

Turkmenistan Expands Oil Production at Uzynada Field

Russia’s Rosneft Reports 70% Fall In 9-Month Net Income

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