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Crude Oil
IEA: Global Energy Crisis Could Boost Oil Demand by 500,000 barrels per day
But Britain could run out of gas this winter, says Ineos chief Sir Jim Ratcliffe
Oil Refinery
Mexico’s Tula Refinery Halted Since Last Week
Mexico's 315,000 b/d Tula refinery in the state of Hidalgo stopped processing crude late last week because of full product stocks after a rail blockade choked i…
Crude Oil
ANALYSIS: Brent Crude Oil Price may Rise to $85.04 per Barrel
Even though there is early sign of the uptrend continuation, the resumption may not be confirmed until oil breaks $84.02, because the bullish momentum does not …
Crude Oil
Platts: OPEC+ Is Producing Less Crude Than It's Supposed To
OPEC+ is producing less oil than it is supposed to, a survey by Platts has revealed, as cited by Forex Live.
Crude Oil
Saudi Arabia To Ship Extra Crude Oil To Asia In November
The world’s largest oil exporter, Saudi Arabia, will ship additional volumes of crude to at least three refiners in Asia in November
Crude Oil
Oman's September Crude Output Edges up to 764,000 b/d
Oman's crude oil output edged up in September, marking a seventh straight monthly increase as the Opec+ group, of which it is a member, continues to unwind its …
Crude Oil
ExxonMobil Increases Stabroek Resource Estimate to Approximately 10 Billion Barrels
ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barre…
Crude Oil
Oil Rises 4% in Week as Energy Crunch Shows no Signs of Easing
Even with worldwide demand growing as economic activity rebounds from pandemic lows, the Organization of the Petroleum Exporting Countries and allied producers …
Crude Oil
Iraq in Advanced Talks with IOCs Over Boosting Oil Capacity to 8 mil b/d by 2027
Iraq, OPEC’s second-biggest producer, is in advanced talks with international oil companies over boosting the country’s production capacity to 8 million b/d b…
Crude Oil
US Imports of Canadian Crude up as Line 3 Starts
Early signs that new pipeline capacity out of Canada is now supplying crude to the US came this week as preliminary data from the US EIA showed a notable rise i…
Crude Oil
Oil Price Falls for Second Day as Supply-Driven Rally Peters Out
Brent crude was down $1.03 or 1.3% at $78.06 a barrel by 0130 GMT, having fallen nearly $2 on Tuesday after touching $80.75, its highest in nearly three years.
Oil Exploration
DNO Makes Small North Sea Oil Find. Another Well Comes Up Dry
Oil and gas operator DNO has made a small oil discovery on the Gomez prospect in one of its operated licenses in the Norwegian part of the North Sea.
Oil & Gas Trade
Iran And Venezuela Strike Oil Swap Deal
Iran and Venezuela have struck a deal to swap heavy Venezuelan crude for Iranian condensate.
Crude Oil
Eni Adds New Field to Angola's Olombendo Crude Grade
Italian integrated oil firm Eni has started crude production from the Cabaca North project in Angola's deepwater block 15/06.
China
PetroChina, Hengli Win four Cargoes in First China Oil Reserve Sale
The prices were lower than the spot market as Middle East crude benchmark Dubai was at $74.09 a barrel on Thursday.
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