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Oil & Gas
US Suspends Plans to Buy Crude Oil for the Strategic Petroleum Reserve
The US administration has suspended plans to purchase US crude oil for the Strategic Petroleum Reserve (SPR), after failing to secure funding from the Congress,
Oil & Gas
World’s Largest Oil Trader Says Demand Could Plummet By 20 Million Bpd
A dramatic change in oil demand coupled with an unexpected increase in production has upended the industry, Vitol’s chief executive Russell Hardy told Bloomber
Oil & Gas
Global Oil Demand Forecast to Fall by 4.9 Million Barrels Per Day in 2020: Rystad
Global oil demand could fall by as much as 4.9 million barrels per day (bpd), or by about 4.9 per cent, in 2020 due to the coronavirus outbreak, Norway's bigges
Oil & Gas
Thai Oil Refiners Cut Output as Fuel Demand Falls: Sources
Thailand is one of the largest oil refining centers in southeast Asia.
Oil & Gas
Oil Ekes Out Gains as U.S. Stimulus Hopes Lift Global Markets
Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid packa
Oil & Gas
Azerbaijan Could Soon Tap Its 410 Million Barrel Oil Reserves
Azerbaijan says it has proven an oil deposit in the Caspian Sea is commercially viable, offering a small psychological boost as the country’s oil-based econo
Oil & Gas
US to Top Up Strategic Oil Reserve With 77 Mln Barrels
The Trump administration cancelled plans to sell off a portion of the country's emergency oil reserves earlier this month as OPEC+'s failure to reach an agreeme
Oil & Gas
US Seeks $3 Billion to Boost Oil Producers as Prices Plunge
The Trump administration said Thursday that it is seeking $3 billion from Congress to top up the country’s strategic petroleum reserves, potentially propping u
Oil & Gas
U.S. Could start Buying Crude for Strategic Petroleum Reserve in two Weeks
The United States could begin purchasing U.S. produced crude oil for the Strategic Petroleum Reserve as soon as two weeks from now, and fill it in several month
Oil & Gas
Saudis Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia,
Oil & Gas
Coromavirus Now Poised to Wipe Out Most of 2020 oil Demand Growth, No OPEC Cure in Sight
The spread of coronavirus continues to deepen the severity of the blow to global fuels demand. Rystad Energy now expects more than half of global oil demand gro
Oil & Gas
Australia Inks Deal With U.S. for Access to Strategic Petroleum Reserve
Australia said it will sign a deal with the U.S. this week giving it access to crude oil from to America’s Strategic Petroleum Reserve during an emergency.
Oil & Gas
OPEC’s Pact with Russia Falls Apart, Sending Oil Into Tailspin
A three-year honeymoon between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavi
Oil & Gas
Russia: Coronavirus Impact On Oil Is Worse Than Expected
Russia continues to refuse to announce its position regarding deeper cuts by the OPEC+ coalition, but admitted that the coronavirus outbreak could lead to addit
Oil & Gas
Coronavirus Punches Hole In Oil Market That OPEC Can’t Fix
The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment it remains unclear how large the

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Turkmenistan Expands Oil Production at Uzynada Field

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US Suspends Plans to Buy Crude Oil for the Strategic Petroleum Reserve

World’s Largest Oil Trader Says Demand Could Plummet By 20 Million Bpd

Global Oil Demand Forecast to Fall by 4.9 Million Barrels Per Day in 2020: Rystad

Thai Oil Refiners Cut Output as Fuel Demand Falls: Sources

Oil Ekes Out Gains as U.S. Stimulus Hopes Lift Global Markets

Azerbaijan Could Soon Tap Its 410 Million Barrel Oil Reserves

US to Top Up Strategic Oil Reserve With 77 Mln Barrels

US Seeks $3 Billion to Boost Oil Producers as Prices Plunge

U.S. Could start Buying Crude for Strategic Petroleum Reserve in two Weeks

Saudis Sell Oil at $25 in Market Share Grab from Russia

Coromavirus Now Poised to Wipe Out Most of 2020 oil Demand Growth, No OPEC Cure in Sight

Australia Inks Deal With U.S. for Access to Strategic Petroleum Reserve

OPEC’s Pact with Russia Falls Apart, Sending Oil Into Tailspin

Russia: Coronavirus Impact On Oil Is Worse Than Expected

Coronavirus Punches Hole In Oil Market That OPEC Can’t Fix

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