Crude oil

Natural Gas
Why the World Needs to Invest in Fossil Fuels
The CEO of Saudi Aramco made headlines this week when he once again highlighted the need for more investment in oil and natural gas.
Natural Gas
Shorter Showers, Slower Driving and an Eiffel Tower Blackout: How Europe Plans to Cut Gas Usage This Winter
From cutting down on showering time to 5 minutes, fining shopkeepers for not closing their doors and driving slower, Europe is embarking on a goal to reduce gas…
Crude Oil
U.S. Refiners May Soon Purchase More Canadian Crude
Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once the massive re…
Oil Price
U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery
The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November.
Crude Oil
Neste Launches Study to Quit Crude Oil at Finnish Refinery
Finland's Neste on Monday said it was looking into replacing crude oil with renewable feedstock at its Finnish oil refinery, the last one of its plants to use t…
Net Zero Emission
Fossil Fuel Registry Launched to Help Spot ‘Stranded Assets’
Carbon Tracker and Global Energy Monitor said on Monday they had launched the first global registry of oil and gas reserves, production and emissions with data …
Crude Oil
South Sudan Won’t Let OPEC+ Stand in Way of Increasing Oil Output
South Sudan has threatened to quit the OPEC group if it interferes with its ability to meet its ambitious oil production plans, first vice-president Riek Machar…
Crude Oil
U.S. Emergency Oil Reserves Tumble to Lowest Since 1984
U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of En…
Oil Price
Oil Prices Climb on Tight Supply Worries
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between…
Crude Oil
Norwegian Energy Giant Equinor Completes Russia Exit
It has exited from four joint ventures with state-owned Rosneft as well as the Kharyaga oilfield project
Crude Oil
Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984
Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.
Crude Oil
Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth
UAE, Oman back Saudi view on possible output cut
Crude Oil
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Crude Oil
Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening
Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support prices in the case of returning Iranian crude and …
Crude Oil
U.S. Crude in SPR Hits Lowest Level Since January 1985
U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 8.1 million barrels in the latest week to the lowest level in more than 35 years, accordin…

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Crude oil

Why the World Needs to Invest in Fossil Fuels

Shorter Showers, Slower Driving and an Eiffel Tower Blackout: How Europe Plans to Cut Gas Usage This Winter

U.S. Refiners May Soon Purchase More Canadian Crude

U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery

Neste Launches Study to Quit Crude Oil at Finnish Refinery

Fossil Fuel Registry Launched to Help Spot ‘Stranded Assets’

South Sudan Won’t Let OPEC+ Stand in Way of Increasing Oil Output

U.S. Emergency Oil Reserves Tumble to Lowest Since 1984

Oil Prices Climb on Tight Supply Worries

Norwegian Energy Giant Equinor Completes Russia Exit

Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984

Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth

Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt

Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening

U.S. Crude in SPR Hits Lowest Level Since January 1985