Oil price

Oil Price
Why Shale May Not Stage a Comeback Despite Higher Oil Prices
Inflation, supply bottlenecks and a shortage of equipment and personnel have affected the exploration and production cycle.
Oil Price
Oil Rises, Defying Stock Market Falls as Supply Concerns Persist
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned …
Oil & Gas Trade
Shell’s Profit Soars on Higher Oil and Gas Prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices despite taking a charge due to its phased exit fr…
Oil Price
OPEC+ Set to Stick to Modest Oil Output Rises amid Price Rally
OPEC+ will likely stick to modest oil output increases on Thursday arguing it is not responsible for geopolitics and supply disruptions.
Oil Price
Shell Posts Record Profit on High Energy Prices and Trading Boost
Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of it…
Oil Price
OPEC Tells IMF that Oil Price Rally Mainly Due to Geopolitics
OPEC told IMF's steering committee on Thursday that the surge in oil prices was largely due to the Ukraine crisis, in the latest signal that the producer group …
Oil Price
China Oil Giant CNOOC Jumps 20% in First Mainland Trading
Cnooc Ltd. jumped 20% in its first day of trading in Shanghai as mainland investors jumped at the chance for exposure to soaring oil and gas prices.
Oil Price
Oil Prices Rise on Supply Concerns as Ukraine Crisis Deepens
Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the We…
Oil Price
OPEC Minimum Oil Production Increase During March
OPEC oil production increased by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset in…
CCS
World’s Biggest Carbon Capture Project: Shute Creek’s “Sell or Vent” Business Model Isn’t Working
Delving into the world’s largest carbon capture project, ExxonMobil’s Shute Creek CCUS facility, reveals a highly questionable technology.
Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
Oil Price
Shell Raises Russia Writedown to as Much as $5 Billion
Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading a…
Crude Oil
Oil Sinks Toward $100 as EU Avoids Curbs on Crude, Dollar Gains
Oil fell as the European Union eschewed sanctions on Russian oil flows for now and a stronger dollar blunted the appeal of commodities.
Crude Oil
West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia
Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other produ…
Crude Oil
Oil Rises as Uncertainty Around Supply Persists
Oil futures rose in early trading on Tuesday as the potential for more sanctions following alleged war crimes by Russian troops in Ukraine added to concerns abo…

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Oil price

Why Shale May Not Stage a Comeback Despite Higher Oil Prices

Oil Rises, Defying Stock Market Falls as Supply Concerns Persist

Shell’s Profit Soars on Higher Oil and Gas Prices

OPEC+ Set to Stick to Modest Oil Output Rises amid Price Rally

Shell Posts Record Profit on High Energy Prices and Trading Boost

OPEC Tells IMF that Oil Price Rally Mainly Due to Geopolitics

China Oil Giant CNOOC Jumps 20% in First Mainland Trading

Oil Prices Rise on Supply Concerns as Ukraine Crisis Deepens

OPEC Minimum Oil Production Increase During March

World’s Biggest Carbon Capture Project: Shute Creek’s “Sell or Vent” Business Model Isn’t Working

Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says

Shell Raises Russia Writedown to as Much as $5 Billion

Oil Sinks Toward $100 as EU Avoids Curbs on Crude, Dollar Gains

West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia

Oil Rises as Uncertainty Around Supply Persists