Crude

Oil & Gas Trade
OPEC+ Allows Kazakhstan to Increase Oil Production in February and March
OPEC+ countries reached agreement on the terms of the deal for February and March.
Crude Oil
Russia: Annual Oil Production at Lowest Level Since 2011
Russia’s oil production declined last year for the first time since 2008 and reached its lowest level since 2011 following a global deal to cut output and low …
Crude Oil
OPEC+ Meeting Ends With Major Surprise Cut From Saudi Arabia
After another round of drama and a stalling of the talks on Monday, the Tuesday extension of the OPEC+ meeting concluded at long last with a solution upon which…
Oil Price
2021 Oil Prices Seen Hovering Around $45 per Barrel in 2021
2021 oil prices seen hovering around $45 per barrel in 2021: Moody's Investors Service.
South Korea
Iran Seizes UAE-Bound Chemical Tanker
Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.
Oil & Gas Trade
Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years
Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years
Crude Oil
China’s Oil Giants Face NYSE Delisting
Chinese crude oil companies listed in New York may soon be kicked out, after the New York Stock Exchange delisted three telecoms with headquarters in China, due…
Crude Oil
Oil Prices Touch Multi-Month Highs as OPEC+ Expected to Hold Output
Oil prices touched multi-month highs on Monday on expectations that OPEC and allied producers may cap output at current levels in February as the coronavirus pa…
Crude Oil
Cambodia Prepares To Produce Its First Oil
As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.
Crude Oil
Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m
The company aims to “significantly” increase its presence in kingdom and become a top fuel retailer by 2025.
Oil & Gas Trade
Egypt Signs 9 Exploration Deals Worth $1bn with Energy Companies
Awards cover exploration along the eastern and western Mediterranean as well as the Red Sea
Oil & Gas Trade
Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm
The Chinese firm will pay for a full year's worth of crude prior to loading shipments
Oil & Gas Trade
Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq
Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe.
Crude Oil
Cambodia Starts First Crude Oil Production After Years of Delays
Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore’s KrisEnergy Ltd and the government, both…
Oil Price
Oil Jumps On Significant Crude Inventory Draw
Crude oil prices rose further today after the Energy Information Administration reported an oil inventory draw of 6.1 million barrels for the week to December 2…

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Crude

OPEC+ Allows Kazakhstan to Increase Oil Production in February and March

Russia: Annual Oil Production at Lowest Level Since 2011

OPEC+ Meeting Ends With Major Surprise Cut From Saudi Arabia

2021 Oil Prices Seen Hovering Around $45 per Barrel in 2021

Iran Seizes UAE-Bound Chemical Tanker

Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years

China’s Oil Giants Face NYSE Delisting

Oil Prices Touch Multi-Month Highs as OPEC+ Expected to Hold Output

Cambodia Prepares To Produce Its First Oil

Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m

Egypt Signs 9 Exploration Deals Worth $1bn with Energy Companies

Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm

Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq

Cambodia Starts First Crude Oil Production After Years of Delays

Oil Jumps On Significant Crude Inventory Draw