WASHINGTON - Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020. So far this year (as of July 9, 2021), U.S. crude oil exports have averaged 3.00 .........
see more >>(Bloomberg) - OPEC and its allies agreed to gradually add more oil supplies to the market, ending a two-week spat between Saudi Arabia and the United Arab Emirates. The unusually public disp.........
see more >>(Bloomberg) --Oil fell for a second day after a surprise jump in U.S. gasoline stockpiles tempered signs that the American market has returned to robust health. Futures in New York slid near.........
see more >>Guyana has estimated its future oil production at 1 million barrels per day by 2027, from seven floating production, storage, and offloading (FPSOs) vessels in country, according to natural .........
see more >>Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facil.........
see more >>(MENAFN - AFP) Global oil demand will return to pre-pandemic levels in two years and reach record heights by 2026 unless governments take swift action to meet climate goals, the Internationa.........
see more >>Credit: namning/AdobeStock Oil prices rose on Monday, with Brent reaching $70 a barrel, as data showed Chinas economic recovery accelerated at the start of 2021, boosting the energy demand o.........
see more >>(Bloomberg) --Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand. Futures in New York climb.........
see more >>(Bloomberg) --Rising oil prices and a weak ruble could provide the Kremlin with as much as $33 billion in extra cash for social spending this year, giving Vladimir Putin the financial wherew.........
see more >>(Bloomberg) --Oil surged by the most intraday in three weeks, lifted by broader market strength and optimism over demand recovering this year. Futures climbed as much as 2.4% in New York on .........
see more >>OSLO - New research published by DNV GL finds that the oil and gas industry expects to boost investment in the energy systems of the future this year, as companies seek to transform for the .........
see more >>(Bloomberg) --Initial steps taken by U.S. President Joe Bidens administration may help support the oil market this year and next, according to Goldman Sachs Group Inc. A focus on fiscal spen.........
see more >>(Bloomberg) --Asias oil refineries have been rushing to buy up crude cargoes from Europe after Saudi Arabias surprise decision to unilaterally cut output in February and March. Unipec, the t.........
see more >>(Bloomberg) --A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from O.........
see more >>(Bloomberg) --Oil plummeted the most in seven weeks, with investors fleeing the market as a mutation of Covid-19 discovered in the U.K. threatened more lockdowns across Europe. Brent futures.........
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