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Oil supplies
Oil Price
Oil strengthens as fall estimated in US crude inventories
Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eas…
Crude Oil
Tight Market for Sour Crude Oil to Squeeze US Gulf Coast Refiners
Sour crude oil supplies for US Gulf Coast oil refiners will be squeezed in coming weeks, market participants said, as global demand rises following this month&#…
OPEC
Saudi Aramco to Maintain Full Oil Supplies to Asia in Nov Despite OPEC+ Cuts
Saudi Aramco has told at least seven customers in Asia they will receive full contract volumes of crude oil in November ahead of the peak winter season.
OPEC
Saudi Aramco to Keep Full Oil Supplies to N. Asia in Nov Despite OPEC+ Cuts
Saudi Aramco has told at least five customers in North Asia they will receive full contract volumes of crude oil in November
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.
Crude Oil
Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%
Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…
Oil Futures Open Higher on IEA Supply Warning
Oil futures rose in early trading on Thursday, recovering some of the prior day's losses, after IEA said a decline in oil demand due to higher prices would not …
OPEC
G7 Energy Ministers Call on OPEC to Play 'Key Role' in Boosting Oil Supplies
G7 energy ministers on March 10 called on OPEC to "play a key role" in boosting oil supplies to international markets where production is not meeting full capac…
Oil Price
Oil Price Set to Test Fresh Peaks Barring Iran Breakthrough
Efforts by governments to drive an economic rebound are likely to add strain to tight oil supplies and could send prices to fresh peaks.
Crude Oil
OPEC Considers Lowering Production to Account for Oil Reserve Releases
OPEC and its allies may re-evaluate plans for reviving oil supplies if the world’s four largest consuming countries go ahead with a co-ordinated release of the…
Crude Oil
UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub
The first of these developments - announced by UAE Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister o…
Oil & Gas Trade
Russia Ranks Second by Oil Exports to China in September
Oil supplies from Russia to China increased to 1.83 mln barrels daily as of the end of September 2020.
Oil and Gas Equipment
Iraq to Send Second Round of Gasoil Supplies to Lebanon
Iraq is sending a second round of gasoil supplies in aid to Lebanon following the massive blast that wiped out much of the Lebanese capital Beirut's port and su…
Oil & Gas Trade
Aramco Shares Fall 9%; Below IPO Price for First Time as OPEC Pact Unravels
Shares of Saudi state oil company Aramco (2222.SE) slumped below their initial public offering (IPO) price on Sunday for the first time since they began trading…
Oil Price
Oil Prices Dive as Saudi Arabia Takes Aim at Russian Production
Russia on Friday rejected an agreement with OPEC on cuts in oil supplies to bolster prices.
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