Crude

Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
Oil Price
Bank of America Expects $120 Oil by June 2022
Bank of America expects Brent crude to hit $120 a barrel by the end of June 2022.
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Crude Oil
Iraqi Crude Exports Inch up in October
Iraqi crude exports marketed by state-owned Somo edged up in October, according to preliminary figures from the country's oil ministry.
Oil Price
Oil Prices Set for First Weekly Drop Since August As Supply Concerns Ease
U.S. West Texas Intermediate crude futures fell 4 cents to $82.77 a barrel by 0151 GMT.
Mexico
Mexico's Pemex Back in Red Despite Oil Production Uptick
Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered…
Oil Price
Oil Falls After Increases in U.S. Crude, Fuel Stockpiles
Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in th…
Oil Price
Global Supply Shortages are Driving up Alaska Oil Prices
Alaska’s oil prices are at their highest since 2014 amid a global energy crunch.
Oil Price
Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast
The scarcity premium embedded in the structure of Brent crude oil futures has widened to the most since 2013 this week, a sign of the tight market underpinning …
Oil Refinery
France's Feyzin Refinery Restarts Crude Runs
TotalEnergies has restarted the crude distillation unit at its 105,000 b/d Feyzin refinery near Lyon around three weeks after a fire halted operations.
OPEC
Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production
Saudi Oil Minister: OPEC+ needs to remain cautious with its approach to oil production adjustments despite rising prices
Crude Oil
Construction Begins on Niger-Benin Crude Pipeline
China National Petroleum Corporation has commenced the construction of Niger-Benin Crude Pipeline a transnational pipeline that will carry crude from Niger’s A…
Crude Oil
China's Crude Oil Output Picks up in September
China's crude oil production rose 3.2 percent year on year to 16.61 million tonnes in September, according to the National Bureau of Statistics.
Net Zero Emission
Saudi Aramco Pledges to Reach Net-Zero Emissions by 2050
Saudi Aramco's target excludes emissions from customers burning its crude, but is a decade sooner than a government timetable for the kingdom
Crude Oil
Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels
OPEC leader Saudi Arabia dismissed calls for speedier oil output increases, saying its efforts with allies were enough and protecting the oil market from the wi…

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Crude

OPEC Rejects Biden’s Call for More Oil

Bank of America Expects $120 Oil by June 2022

Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices

Iraqi Crude Exports Inch up in October

Oil Prices Set for First Weekly Drop Since August As Supply Concerns Ease

Mexico's Pemex Back in Red Despite Oil Production Uptick

Oil Falls After Increases in U.S. Crude, Fuel Stockpiles

Global Supply Shortages are Driving up Alaska Oil Prices

Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast

France's Feyzin Refinery Restarts Crude Runs

Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production

Construction Begins on Niger-Benin Crude Pipeline

China's Crude Oil Output Picks up in September

Saudi Aramco Pledges to Reach Net-Zero Emissions by 2050

Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels