Crude Oil

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
Oil & Gas
U.S. Oil Companies Begin Sending Crude To Strategic Petroleum Reserve
U.S. oil companies have started sending oil to the Strategic Petroleum Reserve, Bloomberg reports, citing a Department of Energy official.
Oil & Gas
$10 Oil Forces U.S. Drilling Giant To File For Bankruptcy
Diamond Offshore Drilling has filed for Chapter 11 bankruptcy protection, becoming the second major victim of the oil market crash so far, after Whiting Petrole
Oil & Gas
Oil Majors May Be Forced To Cut Crude Output In Nigeria
The new OPEC+ production cut deal to remove a total of 9.7 million bpd from the market in May and June enters into force on May 1.
Oil & Gas
Saudi Arabia Starts Production Cuts Ahead Of OPEC+ Deal
Oil prices plummeted again on Monday, with WTI Crude crashing by 23 percent to just $13 a barrel at 2:30 p.m. EDT.
Oil & Gas
Petrobras Reverses Production Cuts as Fuel Demand Beats Expectations
Petrobras has cancelled most of the cuts it had announced.
Oil & Gas
Algeria Says Proven Oil Rserves at 10 Billion Barrels
OPEC member Algeria's proven oil reserves are currently 1.34 million tonnes, or 10 billion barrels, Energy Minister Mohamed Arkab said on Sunday.
Oil & Gas
Venezuela's Oil Output Could Fall Again Soon
On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela.
Oil & Gas
How the U.S. Could Use Taxpayer Dollars to Save Oil and Energy Companies
The U.S. federal government is looking at "a whole bunch of alternatives" to support oil and other energy companies.
Oil & Gas
Russia Cuts European Sea Ports Oil Exports To 20-Year-Low
Exports of Russia’s key export blend Urals are expected to slump to the lowest level since at least the early 2000s, according to data from Refinitiv Eikon.
Oil & Gas
Whether Opec+ Formally Agrees or not, Deeper Oil Cuts Now Look Inevitable
Whether or not Opec+ oil producers formally agree to extra oil output curbs, rapidly filling storage capacity and plummeting demand due to the coronavirus crisi
Oil & Gas
U.S. Crude Oil Production Decreases Last Week: EIA
U.S. crude oil production decreased during the week ending April 17, the U.S. Energy Information Administration (EIA) said Wednesday.

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Most views from Crude Oil

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

Crude Oil

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

U.S. Oil Companies Begin Sending Crude To Strategic Petroleum Reserve

$10 Oil Forces U.S. Drilling Giant To File For Bankruptcy

Oil Majors May Be Forced To Cut Crude Output In Nigeria

Saudi Arabia Starts Production Cuts Ahead Of OPEC+ Deal

Petrobras Reverses Production Cuts as Fuel Demand Beats Expectations

Algeria Says Proven Oil Rserves at 10 Billion Barrels

Venezuela's Oil Output Could Fall Again Soon

How the U.S. Could Use Taxpayer Dollars to Save Oil and Energy Companies

Russia Cuts European Sea Ports Oil Exports To 20-Year-Low

Whether Opec+ Formally Agrees or not, Deeper Oil Cuts Now Look Inevitable

U.S. Crude Oil Production Decreases Last Week: EIA

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

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

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