Oil price

Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
Oil Price
Oil Prices Advance on Growing Fuel Demand, Even As U.S. Coronavirus Cases Jump
Extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and signs of a revival in U…
Oil Price
Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue
Incoming oil and gas tax revenues for April, the latest month of data, were just $38 million — 81% below the Legislature's forecast.
Oil Price
Oil Rally Held Back By High Inventories, Coronavirus Fears
U.S. benchmark West Texas Intermediate is over $40 a barrel, a price level it has struggled to surpass in the past.
Oil Price
Oil Prices Will Hit $50 Before The End Of The Year
Despite fears of a second wave of COVID-19, oil markets rebounded last week, showing signs of improving fundamentals as global supplies continue to tighten.
Oil Price
The Oil Countries Suffering Most from the Oil Price Crash
The world's largest oil trader has seen its first-quarter net profit fall by 70%.
Oil Price
Oil Edges Up on Tighter Supply, but Demand Concerns Check Gains
Oil prices nudged higher on Monday on tighter supplies from major producers, but concerns that a record rise in global coronavirus cases could curb a recovery i…
Oil&Gas Drilling
Oil Rigs Disappearing Across Africa at a Record Pace
Low oil prices are forcing drillers to dramatically curtail risky exploration, especially in frontier regions such as Africa.
Oil Price
Rising Diesel Prices Set New Record
Diesel prices soared to a record on Friday while petrol prices rose to their highest in 19 months after state oil companies increased rates for the thirteenth t…
Oil & Gas Trade
Russia July Crude Oil and Fuel Oil Export Tariffs Rose to 5.16 US Dollars / Barrel
The Russian Ministry of Finance issued a statement on Monday saying that as oil prices recovered, Russia set the July export tariff for crude oil and fuel oil a…
Crude Oil
China at Record Pace on Storage, Propping Up Oil Prices
China has been replenishing its oil reserves at a record pace.
China Energy
China Imported 47.97 Million Tons of Crude Oil in May
China's crude oil imports increased from a decline in May, and international crude oil prices rebounded rapidly.
Africa Energy
Petrol Price goes up as Diesel, Kerosene Pump Rates Drop in Kenya
The price of super petrol has increased by Sh5.77 while those of diesel and kerosene dropped by Sh3.80 and Sh17.31 per litre respectively.
Oil Price
BP Takes Hit of Up to $17.5bn As it Forecasts Cheaper Oil
BP has forecast lower oil prices for decades to come as governments speed up plans to cut carbon emissions in the wake of the coronavirus pandemic.
Market Analysis
As Energy Prices Tumble, Developing Countries Trim Subsidies
The coronavirus pandemic has sent economies into recession and reduced government revenue, so some countries are taking a politically perilous path: removing re…

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Oil price

Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter

Oil Prices Advance on Growing Fuel Demand, Even As U.S. Coronavirus Cases Jump

Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue

Oil Rally Held Back By High Inventories, Coronavirus Fears

Oil Prices Will Hit $50 Before The End Of The Year

The Oil Countries Suffering Most from the Oil Price Crash

Oil Edges Up on Tighter Supply, but Demand Concerns Check Gains

Oil Rigs Disappearing Across Africa at a Record Pace

Rising Diesel Prices Set New Record

Russia July Crude Oil and Fuel Oil Export Tariffs Rose to 5.16 US Dollars / Barrel

China at Record Pace on Storage, Propping Up Oil Prices

China Imported 47.97 Million Tons of Crude Oil in May

Petrol Price goes up as Diesel, Kerosene Pump Rates Drop in Kenya

BP Takes Hit of Up to $17.5bn As it Forecasts Cheaper Oil

As Energy Prices Tumble, Developing Countries Trim Subsidies