Oil

Oil & Gas Trade
Refined Oil Product Freight Rates Nearly Double in a Week
Refined oil tanker rates surged this week to their highest level in 11 years.
Oil & Gas Trade
Russia Halves Western Sea Oil Exports in May after OPEC+ Deal
Russia plans to halve oil exports from its Baltic and black sea ports in May.
Market Analysis
When Oil Became Waste: A Week of Turmoil for Crude, and More Pain to Come
In its nearly 40-year history, U.S. oil futures have never fallen below $10 a barrel.
Market Analysis
EU needs clear European Green and Solidarity Pact by September
Stark predictions around the unprecedented economic challenges facing Europe (and the world) are starting to take shape.
Oil Shale
The Shale Suffering Has Only Just Begun
A few weeks before the summer driving season begins, U.S. gasoline consumption has plummeted to levels last seen in the late 1960s, due to the lockdowns to cont…
Oil & Gas Trade
Japan Urges G20 Energy Summit to Address Importance of Stable Oil Prices
Japan hopes a Group of 20 energy ministers summit later on Friday will address the importance of stable oil prices and supply after OPEC and its allies agreed t…
Oil & Gas Trade
Covid-19: Saving Nigeria from the Peril of Oil Economy
It is no gainsaying the fact that the global pandemic Coronavirus has made the world economy to shrink. With a sudden shutdown of most countries to contain the …
Crude Oil
Venezuela's Oil Output Could Fall Again Soon
On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela.
Oil Price
5 Reasons Why Mexico's Oil Industry Is Destined For Disaster
Mexico has somewhat inadvertently found itself at the heart of the oil industry’s most burning issues of 2020.
LNG
Iran Reaches Production Milestone At World's Largest Gas Field
Iran is now working quietly towards oil exports and petrochemicals.
Crude Oil
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.
Crude Oil
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.
Crude Oil
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 Drilling
Putin: OPEC+ Deal Should be Complied with by all Participants
The deal stipulates the oil production cut by 9.7 mln barrels per day in total in May-June 2020, by 7.7 mln barrels per day in July-December 2020 within the all…
Crude Oil
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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Oil

Refined Oil Product Freight Rates Nearly Double in a Week

Russia Halves Western Sea Oil Exports in May after OPEC+ Deal

When Oil Became Waste: A Week of Turmoil for Crude, and More Pain to Come

EU needs clear European Green and Solidarity Pact by September

The Shale Suffering Has Only Just Begun

Japan Urges G20 Energy Summit to Address Importance of Stable Oil Prices

Covid-19: Saving Nigeria from the Peril of Oil Economy

Venezuela's Oil Output Could Fall Again Soon

5 Reasons Why Mexico's Oil Industry Is Destined For Disaster

Iran Reaches Production Milestone At World's Largest Gas Field

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

Putin: OPEC+ Deal Should be Complied with by all Participants

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