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Oil prices plunged on Friday on renewed fears of a COVID-19-fueled drop in demand.
OPEC has been slow to open the taps despite soaring oil prices over the past several months.
The latest drop in oil prices plays to the cartel’s concerns over oil demand in the near to medium term.
OPEC has been slow to open the taps despite soaring oil prices over the past several months.
The latest drop in oil prices plays to the cartel’s concerns over oil demand in the near to medium term.
2021/12/01 08:48
The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years.
2021/12/01 08:32
ADNOC is planning to invest up to US$6 billion towards improving its drilling business
In line with the UAE’s position as a key U.S. ally in the region going forward, U.S. companies featured heavily in the contract awards
In line with the UAE’s position as a key U.S. ally in the region going forward, U.S. companies featured heavily in the contract awards
2021/11/29 18:19
Canada’s ambitious plan to utilize geothermal energy could help save its economically-dependent oil sands.
2021/11/29 18:13
US President Joe Biden announced the release of 50 million barrels of crude oil from the Strategic Petroleum Reserve
Analysts: The SPR release has been priced in already
Analysts: The SPR release has been priced in already
2021/11/24 21:08
A potential ban on crude oil exports is under consideration at the White House, a Democratic Congressman told Bloomberg, adding that “The economics of it makes sense.”
2021/11/24 21:05
President Joe Biden has been scrambling to put a lid on runaway oil prices over the past month.
Biden’s latest plan is a joint strategic oil reserve release, cooperating with the likes of China, India, and Japan.
Biden’s latest plan is a joint strategic oil reserve release, cooperating with the likes of China, India, and Japan.
2021/11/24 21:01
The march towards energy independence began 10 years ago, and oil and gas imports have been shrinking ever since. The energy independence's trajectory is clear, and the impact of the COVID-19 demand destruction will likely be temporary in the long run.
2021/11/23 19:08
OPEC delegates: releasing millions of barrels from major oil consumers’ SPRs is not supported by market conditions
2021/11/23 19:03
The COVID-19 pandemic has taken a particularly harsh toll on Colombia’s economically-dependent oil and gas industry.Colombia desperately needs to ramp up oil and gas production.
2021/11/23 18:59
Reuters: China is preparing to release crude oil from its strategic reserve
2021/11/19 18:19
Crude oil prices gained today after the Energy Information Administration reported a crude oil inventory draw of 2.1 million barrels for the week to November 12.
2021/11/18 19:45
Oil prices plunged on Friday on renewed fears of a COVID-19-fueled drop in demand.
OPEC has been slow to open the taps despite soaring oil prices over the past several months.
The latest drop in oil prices plays to the cartel’s concerns over oil demand in the near to medium term.
OPEC has been slow to open the taps despite soaring oil prices over the past several months.
The latest drop in oil prices plays to the cartel’s concerns over oil demand in the near to medium term.
The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years.
ADNOC is planning to invest up to US$6 billion towards improving its drilling business
In line with the UAE’s position as a key U.S. ally in the region going forward, U.S. companies featured heavily in the contract awards
In line with the UAE’s position as a key U.S. ally in the region going forward, U.S. companies featured heavily in the contract awards
Canada’s ambitious plan to utilize geothermal energy could help save its economically-dependent oil sands.
US President Joe Biden announced the release of 50 million barrels of crude oil from the Strategic Petroleum Reserve
Analysts: The SPR release has been priced in already
Analysts: The SPR release has been priced in already
A potential ban on crude oil exports is under consideration at the White House, a Democratic Congressman told Bloomberg, adding that “The economics of it makes sense.”
President Joe Biden has been scrambling to put a lid on runaway oil prices over the past month.
Biden’s latest plan is a joint strategic oil reserve release, cooperating with the likes of China, India, and Japan.
Biden’s latest plan is a joint strategic oil reserve release, cooperating with the likes of China, India, and Japan.
The march towards energy independence began 10 years ago, and oil and gas imports have been shrinking ever since. The energy independence's trajectory is clear, and the impact of the COVID-19 demand destruction will likely be temporary in the long run.
OPEC delegates: releasing millions of barrels from major oil consumers’ SPRs is not supported by market conditions
The COVID-19 pandemic has taken a particularly harsh toll on Colombia’s economically-dependent oil and gas industry.Colombia desperately needs to ramp up oil and gas production.
Reuters: China is preparing to release crude oil from its strategic reserve
Crude oil prices gained today after the Energy Information Administration reported a crude oil inventory draw of 2.1 million barrels for the week to November 12.