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Oil & Gas
Why Europe Is So Dependent on Russia for Natural Gas
Europeans have been suffering under painfully high energy prices in the lead-up to Russia launching an attack on Ukraine on Thursday morning.
Oil & Gas
Oil Tops $105/bbl After Russia Attacks Ukraine
Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia's attack on Ukraine exacerbated c
Oil & Gas
Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cl
Energy Economy
Norway’s January Oil Output Sinks Below Predictions
Norway’s oil production in January 2022 fell behind the Norwegian Petroleum Directorate’s predictions by 2.3 per cent, while the gas output also experienced a
Oil & Gas
India Expects Fuel Demand to Grow 5.5% in the Next Fiscal Year
India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial acti
Oil & Gas
Factbox: Asian buyers of Russian oil, gas and coal
As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade sanctions may have implications for Asian c
Oil & Gas
Oil Rises and Natural Gas Surges 8% as Russia Orders Troops to Ukraine
Energy prices, notably natural gas and crude, climbed sharply, amid the threat of a full-scale invasion of Ukraine by Russia.
Oil & Gas
India Move to Fill up Crude Oil Storages
Indian Strategic Petroleum Reserves Limited issues tenders to fill up the reserves at Visakhapatnam and Mangalore
Oil & Gas
Global Mobility Resumes Path to Recovery After Asian COVID-19 Setbacks
Oil demand markers in most of the world’s biggest oil consuming countries recovered in the week to Feb. 14, according to mobility data, with markets emerging f
Oil & Gas
Guyana Talking to Middle East Firms About Offshore Oil Auction
Guyana is in talks with state-run oil firms from the Middle East to discover new offshore fields.
Oil & Gas
Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output
Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and conti
Oil & Gas
Barclays Raises 2022 Crude Oil Price Forecasts on Higher IEA Demand View
Barclays raised its crude oil price forecasts for 2022 on Monday, driven by a revision to demand estimates by the International Energy Agency (IEA) last week.
Energy Economy
Continental to Boost Oil Output by a Third in 2022
Continental Resources expects to increase oil output by as much as one third this year after snapping up assets in the Permian basin.
Oil & Gas
Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis
Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe a
Energy Economy
U.S. Crude Output to Rise 770,000 bpd in 202R
U.S. crude oil output is expected to rise 770,000 barrels per day to 11.97 million bpd in 2022, the government said in a monthly forecast on Tuesday.
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