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Oil & Gas
Goldman Cuts Q3 Brent Forecast to $75 a Barrel
Oil prices fell $5 a barrel on Monday in response to fears over the hit to demand from rising Delta coronavirus infections and an OPEC+ agreement to boost outpu
Oil & Gas
Brazilian Gas Availability up by 4.5pc in June
The amount of Brazilian natural gas output offered to the market after flaring, loss and reinjection rose by 4.5pc in June from a year earlier and by 1.7pc from
Oil & Gas
OPEC+ is Boosting Oil Production, Ending Dispute that Shook Energy Markets
OPEC+ agreed to increase oil production Sunday, as demand roars back and prices surge, ending a dispute between the United Arab Emirates and Saudi Arabia.
Oil & Gas
OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022
OPEC said that that demand next year would rise by 3.4% to 99.86 million barrels per day, averaging more than 100 million bpd in the second half of 2022.
Oil & Gas
Oil Prices Drop After Saudi-UAE Reach Output Compromise
The deal between the two Gulf producers means that members of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, will
Oil & Gas
OPEC+ Deadlock is Bad News for Oil Producers and Consumers, IEA Warns
The International Energy Agency on Tuesday warned that world oil markets are likely to remain volatile following a breakdown in talks between OPEC members and t
Oil & Gas
Singapore Fuel Oil Inventories Sink to Over 3-Month Low
Singapore residual fuel oil inventories fell 5% in the week ended July 7, dropping to a 3-1/2 month low despite steady net import volumes, official data showed
Oil & Gas
CNOOC and Petronas Signed a 10-year LNG Supply Agreement
The transaction is valued at approximately US$7 billion.
Oil & Gas
Oil Prices Jump to Multiyear Highs After OPEC+ Talks Yield No Production Deal
Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies were postponed indefinitely, with the grou
Oil & Gas
Oil Surges As Traders Await OPEC+ Decision on Easing Production Cuts
Its allies on further easing production curbs in response to growing demand as the global economy gathers momentum.
Oil & Gas
Enauta to See All-Time High Output Volume Following Atlanta Field Takeover
Oil and gas company Enauta has revealed that the Brazilian Oil, Gas and Biofuels Agency has approved the constitution of guarantees for the company to take over
Oil & Gas
Opec+ Leaves 500,000 b/d August Output Rise on Table
Shrinking OECD inventories and rising global crude prices could lead the Opec+ coalition to consider a 500,000 b/d production rise when it irons out its August
Oil & Gas
OPEC+ Discussing Gradual Oil Output Rise from August
The talks mean that OPEC and Russia are likely to find common ground again on oil production policy
Oil & Gas
Iraq Expects Oil Prices to Reach $80/bbl - State News Agency
Iraqi expects oil prices to reach $80 per barrel.
Oil & Gas
Oil Steadies After Hitting 2-yr High as Demand Hopes Face Supply Growth
Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as growing U.S. crude production and Britain's delayed C
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Most views from Oil & Gas Supply
1
Oil Spill Fear After Fatal Explosion on Chevron FSO Offshore Thailand
2
Ukrnafta Increases Reserves by 3 Mln Tonnes of Oil, 600 mcm of Gas
3
IEA Sees Relatively Well Supplied Oil Market in 2024
4
OPEC+ to Review Oil Cut Extension in March, Ministers Leave Policy Unchanged
5
BP Starts Oil Production at New Offshore Platform in Azerbaijan
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FG Eyes 2.5 Million Barrels Daily Oil Production