Oil Price

Oil & Gas
Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar
Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO.
Oil & Gas
Opec to Attend Iraq Energy Forum in June
Opec said it will participate in the sixth Iraq Energy Forum in Baghdad from June 18-20.
Oil & Gas
Equinor Sells Stakes in 2 Norway Fields to Sval Energi
Norwegian oil major Equinor said on Tuesday it had agreed to sell its 7.6% stake in Norway's giant Ekofisk field as well as a 19% stake in the Martin Linge fiel
Oil & Gas
Oil Slips as Investors Eye EU Vote on Russian Oil Ban
Oil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on a Russian oil embargo that is expected to tighten global supp
Oil & Gas
U.S. Shale Swings From Losses to Record Cash Flows
U.S. shale focuses on returning capital to shareholders in 2022.
Oil & Gas
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 & Gas
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
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 & Gas
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.
Energy Economy
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 & Gas
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 & Gas
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 & Gas
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 & Gas
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
Oil & Gas
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.

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Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal

Oil Price

Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar

Opec to Attend Iraq Energy Forum in June

Equinor Sells Stakes in 2 Norway Fields to Sval Energi

Oil Slips as Investors Eye EU Vote on Russian Oil Ban

U.S. Shale Swings From Losses to Record Cash Flows

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 Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal

IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early

U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'

New Iran Nuclear Deal May Completely Derail Oil Price Rally

Oil prices slide 3% on prospect of more OPEC+ oil

US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl