Independent refiners in China boosted imports of oil from Iran between August and October
Between August and October 2021, China imported on average 560,000 barrels per day (bpd) of Iranian oil
2021/11/12 09:02
A group of Democratic Senators has called on President Joe Biden to reimpose a ban on crude oil exports
The same group blamed higher gasoline prices on OPEC
Democratic Senators: high gasoline prices have placed an undue burden on families and small businesses
2021/11/10 17:07
Aramco CEO: The world will see its level of spare oil production capacity dwindle next year
An expected rise in jet fuel demand will eliminate all spare production capacity
2021/11/10 17:04
Saudi Arabia reported economic growth of 6.8 percent on the year for the third quarter on the back of higher oil prices. This is the highest quarterly growth for the Kingdom since 2012, Reuters noted in a report.
2021/11/10 17:00
Iran looks to ramp up production in four lesser-known oil fields
Iran’s Petroleum Ministry looks to use EOR-techniques to extract more oil from existing fields
Iran enjoys some of the lowest lifting costs per barrel in the world
2021/11/10 16:55
Biden’s Infrastructure Bill is often painted as being anti-fossil fuels, but the truth is that the bill will provide a major boost to the oil and gas industry
2021/11/10 16:49
The U.S. Lost Control Of This Giant Iraqi Oilfield.
2021/11/05 16:49
Crude oil prices fell after the EIA reported an oil inventory build of 3.3 million barrels
The authority also reported mixed results in gasoline and middle distillates
2021/11/04 18:28
The price of oil has climbed to multi-year highs, and oil companies are raking it in.
2021/11/03 17:45
There is still plenty of upside for oil prices from here as demand is on course to outstrip supply throughout the rest of the year
Plenty of analysts are now preparing for $100 oil, with demand destruction unlikely to occur at current prices
Despite the inflationary impact of rising oil prices, it is unlikely that markets will be driven into a recession
2021/11/02 13:41
ExxonMobil posts strongest net profit in 7 years
Upstream misses expectations
Strong downstream and natural gas sales lead to record free-cash-flow
2021/11/02 13:15
Biden: The refusal of OPEC+ to increase crude oil production is affecting America's working class
Energy Secretary Jennifer Granholm blames OPEC+ for high crude prices
2021/11/02 13:06
Independent refiners in China boosted imports of oil from Iran between August and October
Between August and October 2021, China imported on average 560,000 barrels per day (bpd) of Iranian oil
A group of Democratic Senators has called on President Joe Biden to reimpose a ban on crude oil exports
The same group blamed higher gasoline prices on OPEC
Democratic Senators: high gasoline prices have placed an undue burden on families and small businesses
Aramco CEO: The world will see its level of spare oil production capacity dwindle next year
An expected rise in jet fuel demand will eliminate all spare production capacity
Saudi Arabia reported economic growth of 6.8 percent on the year for the third quarter on the back of higher oil prices. This is the highest quarterly growth for the Kingdom since 2012, Reuters noted in a report.
Iran looks to ramp up production in four lesser-known oil fields
Iran’s Petroleum Ministry looks to use EOR-techniques to extract more oil from existing fields
Iran enjoys some of the lowest lifting costs per barrel in the world
Biden’s Infrastructure Bill is often painted as being anti-fossil fuels, but the truth is that the bill will provide a major boost to the oil and gas industry
The U.S. Lost Control Of This Giant Iraqi Oilfield.
Crude oil prices fell after the EIA reported an oil inventory build of 3.3 million barrels
The authority also reported mixed results in gasoline and middle distillates
The price of oil has climbed to multi-year highs, and oil companies are raking it in.
There is still plenty of upside for oil prices from here as demand is on course to outstrip supply throughout the rest of the year
Plenty of analysts are now preparing for $100 oil, with demand destruction unlikely to occur at current prices
Despite the inflationary impact of rising oil prices, it is unlikely that markets will be driven into a recession
ExxonMobil posts strongest net profit in 7 years
Upstream misses expectations
Strong downstream and natural gas sales lead to record free-cash-flow
Biden: The refusal of OPEC+ to increase crude oil production is affecting America's working class
Energy Secretary Jennifer Granholm blames OPEC+ for high crude prices