Crude oil

Crude Oil
BP Profit Triples on Soaring Energy Prices
Oil company reveals profits increased to a 14-year high.
Crude Oil
As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production
Oil production in Libya has hit 1.2 million barrels per day, the level the country was producing prior to its declaration of force majeure in April, according t…
Crude Oil
More Oil Discoveries Boost Guyana’s Offshore Boom
Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.
Crude Oil
Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year
Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022.
Crude Oil
UK-Based Firm Records ‘Largest Ever Realised’ Crude Oil Lifting
London-based and Oslo-listed oil and gas company Panoro Energy has completed a crude oil lifting, which it describes as the largest one to date, garnering over…
Oil Price
Oil Rallies on Supply Fears and Tight Market
A force majeure declaration by Russia's Gazprom and a disruption to the Keystone pipeline between Canada and the US have boosted crude prices
Crude Oil
Iran Raises Aug Crude Oil Prices to Asia
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $8.90 above the Oman/Dubai average for August, up $2.80 from th…
Crude Oil
Top U.S. Energy Envoy Expects Further Steps From OPEC Producers on Supplies
Major crude oil producers have spare capacity and are likely to boost supplies following President Joe Biden's visit to the Middle East, a senior U.S. energy en…
Crude Oil
Macron Tells Biden That Uae, Saudi Can Barely Raise Oil Output
Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he ha…
Crude Oil
U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering
U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace …
Crude Oil
Oil Jumps After Saudi Arabia Hikes Crude Prices
Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July.
Crude Oil
BW Offshore Sells Producing FPSO
Indonesian consortium takes charge of floater deployed on the Terang Sirasun Batur project
Crude Oil
Oman’s New Oil Discoveries to Increase Output by up to 100,000 Barrels
Production is expected to rise over the next two to three years
Crude Oil
France in Talks With UAE To Replace Russian Oil Supplies
France is in talks with the United Arab Emirates to replace Russian oil purchases.
Oil Price
Oil Prices Jump After EU Leaders Agree to Ban Most Russian Crude Imports
Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.

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Crude oil

BP Profit Triples on Soaring Energy Prices

As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production

More Oil Discoveries Boost Guyana’s Offshore Boom

Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year

UK-Based Firm Records ‘Largest Ever Realised’ Crude Oil Lifting

Oil Rallies on Supply Fears and Tight Market

Iran Raises Aug Crude Oil Prices to Asia

Top U.S. Energy Envoy Expects Further Steps From OPEC Producers on Supplies

Macron Tells Biden That Uae, Saudi Can Barely Raise Oil Output

U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering

Oil Jumps After Saudi Arabia Hikes Crude Prices

BW Offshore Sells Producing FPSO

Oman’s New Oil Discoveries to Increase Output by up to 100,000 Barrels

France in Talks With UAE To Replace Russian Oil Supplies

Oil Prices Jump After EU Leaders Agree to Ban Most Russian Crude Imports