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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 …
New Zealand
Large Oil Spill Blocks Roads in Central Auckland
Auckland Transport said it was blocking all traffic from Symonds Street to Mt Eden Road. Photo: 123RFA large oil spill is blocking a road in central Auckland.Em…
Oil & Gas Trade
Saudi Diesel Imports From Russia, Exports to Singapore Hit Records
Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volume…
Crude Oil
Asia’s Crude Imports Jump in May as China, India Suck up Russian Oil: Russell
LAUNCESTON, Australia, May 29 (Reuters) - Asia's imports of crude oil are on track for a strong rebound in May as the region's two biggest buyers, China…
Oil & Gas Trade
Saudi Arabia Imports Russian Oil, Sends Its Own Supplies to EU
A report by Bloomberg shows that Saudi Arabia has become Europe's largest oil supplier as Riyadh buys record amounts of Russian crude oil for domestic use.S…
Crude Oil
Russia Ready to Support Gasoline Export Restrictions
Russia's Federal Antimonopoly Service (FAS) is ready to support restrictions on the export of gasoline if such a mechanism is proposed, the Interfax news ag…
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…
Oil & Gas Trade
Iraq, Russia Commit to OPEC+ Oil Production Cuts
A worker at Iraq’s Majnoon oilfield near the southern Iraqi city of Basra. Photo: ReutersBaghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan …
Crude Oil
Shell Buys More Australian Gas
Denison Gas supplying volumes from Queensland operationsShell Energy Asia has signed a gas sales agreement (GSA) to buy additional volumes of conventional and n…
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…
Crude Oil
U.S. Department of Energy Soliciting Bids for Crude Oil to Replenish Petroleum Reserve
(Bloomberg) – The U.S. is soliciting bids for up to 3 MMbbl of sour crude oil to refill its depleted Strategic Petroleum Reserve.crude oil reserve tanks a…
Crude Oil
Saudi Crude Exports Falling in May After April Jump
Saudi Arabia's crude oil exports have been falling in May, according to figures from two companies that monitor the shipments, as a voluntary production cut…
Crude Oil
Tight Market for Sour Crude Oil to Squeeze US Gulf Coast Refiners
Sour crude oil supplies for US Gulf Coast oil refiners will be squeezed in coming weeks, market participants said, as global demand rises following this month&#…
Crude Oil
Adnoc to Supply Full Crude Volumes to Asian Buyers in July
The Abu Dhabi National Oil Company (Adnoc) has informed at least three buyers in Asia that it will supply full contractual volumes of crude in July, steady from…
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