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Oil Price
Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut
Sausi Arabia's Prince Abdulaziz bin SalmanSaudi Arabia will make an extra 1 million barrel-a-day oil supply cut in July, taking its production to the lowest…
Oil & Gas Trade
Pakistan Exports Record 90,000 Tons of Fuel Oil in May
KARACHI: Pakistan shipped 90,000 tons of fuel oil in May 2023 to reduce a huge stock built up over the last several months amid low demand in the country, indus…
Oil & Gas Trade
Oil Sales Plunge by 40PC in May Amid Economic Slowdown
KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic…
Natural Gas
LPG Prices Slashed by RS37/KG for June
ISLAMABAD: The government on Thursday lowered the prices of liquefied petroleum gas (LPG) by 15.88 percent or Rs37/kg for domestic and commercial consumers for …
Oil Price
Oil Treads Water Ahead of OPEC Meeting, Nonfarm Payrolls
Investing.com-- Oil prices moved little in Asian trade on Friday amid caution ahead of key labor data offering more signals on the Federal Reserve’s rate …
Oil&Gas Drilling
Dorset: Oilfield Expansion Expected at Waddock Cross Near Affpuddle
A SMALL oil site at Waddock Cross, near Affpuddle, could continue in operation for another decade, with a possible future expansion.World oil prices has meant t…
Oil Price
Oil Slides 4PC on Worries About US Debt Ceiling, OPEC+ Talks
NEW YORK: Oil prices fell by about 4 percent on Tuesday on concerns about whether the U.S. Congress will pass the U.S. debt ceiling pact and as mixed messages f…
Natural Gas
Gas Price Average in San Diego County Rises for 11th Time in 12 Days
Photo by: David Duprey/ASSOCIATED PRESSFILE - Bob Krueger holds up a gasoline pump nozzle for a photo after filling up a tank at his gasoline station in Clarenc…
Crude Oil
Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat…
Crude Oil
Expert Commentary the Role of Natural Gas in Powering Africa’s Future
Abubakar AbbasSenior Energy Forecast AnalystGas Exporting Countries Forum (GECF)Alexander ErmakovEnergy EconometricianGas Exporting Countries Forum (GECF)1 - In…
Crude Oil
Iran, Russia Sign 10 Oil Cooperation Deals
Iran and Russia on Wednesday signed 10 documents for cooperation in the oil industry in the Iranian capital Tehran, according to Shana News Agency affiliated to…
Oil Price
IEA Says Oil Price Downturn Ignores Looming Supply Crunch
Weeks of declining oil prices due to concerns over a possible recession clash with the outlook for scarce supply and robust demand later in the year, the Intern…
Biofuel
USDA Predicts Increased Soybean Oil Use in Biofuel Production
The USDA predicts more soybean oil will go to biofuel production in 2023-’24, according to forecasts made in the agency’s latest World Agricultural …
Oil Price
Oil Prices Surge as Economic Slowdown Fears Ease
Strong US jobs report last week allayed concerns of a recession in world's largest economyA sign posted on the window of a business looking to hire workers …
Oil Price
Canadian Natural Resources Misses First-Quarter Profit Estimates on Lower Oil Prices
Pipelines at Canadian Natural Resources Ltd.'s Primrose Lake oil sands project near Cold Lake, Alta. PHOTO BY REUTERS/DAN RIEDLHUBER/FILE PHOTOCanadian Natu…
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