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Oil & Gas
Saudi Wants OPEC+ to Extend Oil Cuts into June, Source Says
After steady oil price gains earlier this year, OPEC and its allies, known as OPEC+, had hoped to ease output cuts
Energy Economy
Start of Trading in Abu Dhabi's Murban Futures a 'New Era' for Global Oil Markets
onday start for contracts for future delivery of UAE's flagship crude listed on international commodities exchange at ADGM
Oil & Gas
Santos Restarts Production from Offshore Field Trio
Australian energy giant Santos has restarted production from the Ningaloo Vision FPSO following scheduled maintenance in Singapore.
Oil & Gas
Uganda Postpones Launch of the East African Crude Oil Pipeline to April
The Ugandan government has announced that it has pushed back the launch of the East African Crude Oil pipeline to April following the death of Tanzania’s presi
Oil & Gas
OPEC+ Will Keep A Lid On Oil Production
OPEC+ will likely decide to keep oil production essentially steady for another month.
Oil & Gas
Oil Slips On Small Crude Inventory Build
U.S. crude oil inventories went up by 1.9 million barrels in the week to March 19
Oil & Gas
Saudi Arabia Tops China’s Jan-Feb Crude Imports
Saudi Arabia remained the top crude supplier to China in the first two months of this year, Chinese customs data show.
Oil & Gas
Aramco on Track to Raise Output Capacity to 13 million bpd, CEO Says
Amin Nasser remained optimistic about a broader recovery in the oil markets as vaccine rollout picks up pace
Oil & Gas
India’s Crude Oil Throughput Hits Four-Month Low in February
India’s crude oil processing fell to its lowest in four months in February, retreating from a near one-year high hit in the prior month hurt by higher crude pr
Oil & Gas
India to Cut Saudi Arabian Oil Imports After OPEC Ignores India Demand
Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said.
Oil & Gas
EIA: OPEC+ Cuts To Lift Oil Prices Through April
Oil prices will likely remain at the current high levels in March and April, with Brent Crude prices averaging between $65 and $70 per barrel, after the OPEC+ g
Oil & Gas
Oil at $70 does not Signal Return of a Supercycle, IEA Says
The agency expects world oil demand to recover 63% of the volume lost in 2020 due to the pandemic
Oil & Gas
Biden’s Energy Agenda To Reduce Oil Production And Boost Prices
Joe Biden had a neat, nine-point plan for energy when he campaigned for president.
Oil & Gas
China Ramps Up Oil Imports From Iran
China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S.
Oil & Gas
Crude to $100: Trader Makes the Case for a Spike in Oil Prices
Crude oil prices are on a path to highs not seen since 2014, according to one chart analyst.
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