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Oil & Gas
An Iranian Oil Tanker Seized by British Royal Marines will be Released
Gibraltar Chief Minister Fabian Picardo said that the Grace 1 would be released on Thursday, adding that Gibraltar authorities would not renew the order to deta
Oil & Gas
How Do U.S. Sanctions Affect the Sector?
In January the United States imposed sanctions on Venezuela’s most important global business - producing and selling crude oil, which accounts for more than 95
Oil & Gas
IEA Warns Global Oil Situation is Becoming Even More Uncertain
Mounting signs of an economic slowdown and a ramping up of the US-China trade war have caused global oil demand to grow at its slowest pace since the financial
Oil & Gas
Crude Oil Futures were Marginally Lower During Mid-morning Trade in Asia
Crude oil futures were marginally lower during mid-morning trade in Asia Tuesday, amid concerns over the impact the ongoing US-China trade tensions will have on
Oil & Gas
Iran to Cut Down Direct Dependency on Oil Revenues to Zero
Iranian Vice-President Baqer Nobakht said on Sunday that his country is determined to draft its new budget bill with zero-dependence on oil revenues in a bid t
Oil & Gas
Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts
For the first time in eight years, the Bank of Russia’s total stockpile of cash, gold and other securities is about to surpass Saudi Arabia’s, highlighting th
Oil & Gas
Iraq Continues Negotiations with US Exxon Mobil Over Mega Project
Iraq Oil Ministry on Saturday said its negotiations with U.S. Exxon Mobil over a mega project in southern Iraq are still on track, denying reports that the mini
Oil & Gas
Bank of America Warns China's Purchases of Iranian Crude Could Trigger Oil Market Crash
In the latest round of hostilities between the world's two biggest economies, Washington announced new tariffs on another $300 billion worth of Chinese goods.
Oil & Gas
Oil Prices Steady, U.S.-China Trade War Dispute Remains in Focus
Oil prices steadied on Wednesday after falling at the start of the session, with the potential for damage to the global economy and fuel demand from the intensi
Oil & Gas
EVs on Course to Replace 40 Per cent of Demand for Oil in Next 25 Years
The paper argues these shifting economics mean it will soon make little financial sense to produce oil for petrol and diesel cars in the coming decades, when EV
Oil & Gas
Australia is Eyeing off the United States' Tightly Guarded Fuel Reserve
"The Government is in the early stages of very constructive discussions with the United States about the potential to access their strategic petroleum reserve,
Oil & Gas
Crude Oil Futures were Lower During Mid-Morning Trade in Asia
Crude oil futures were lower during mid-morning trade in Asia Monday as markets remained concerned on the impact of the ongoing trade tensions between the US an
Oil & Gas
Iran Said Seized A Foreign Oil Tanker in the Persian Gulf
Iran said Sunday it has seized a foreign oil tanker in the Persian Gulf for allegedly smuggling fuel, according to the official IRNA news agency.
Oil & Gas
Saudi Arabia Is Exporting Ever-Larger Portion Crude to China -- With the U.S. Losing Out
Saudi Arabia’s observed exports to China soared to 1.74 million barrels a day in July, the highest since Bloomberg began tracking the tanker shipments in Janua
Oil & Gas
Oil Prices Nosedive 8% on Trump Tariff Threat
Trump's vow to impose a 10% tariff on another $300 billion of US imports from China is worrying investors that a severe economic slowdown could eat into demand
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Most views from Oil & Gas Trade
1
Iran Plans to Raise Oil Output to 4 Million Barrels per Day, Tasnim Reports
2
COP29 Climate Summit Host Azerbaijan Defends Oil and Gas Investments
3
Development plan for Exxon's seventh project in Guyana expected in Q1 2025
4
OPEC+ Extends Deep Oil Production Cuts Into 2025
5
Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
6
Brazil's Petrobras First Quarter Oil Production Rises by 4.4%