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OPEC+ bolsters output by 450,000 b/d in March despite strong compliance
  Crude oil production from OPEC and its allies rose by 450,000 b/d in March, as Russia and Iraq pumped well above their agreed caps.  OPEC's 13 members pu
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132021-04

OPEC+ bolsters output by 450,000 b/d in March despite strong compliance
  Crude oil production from OPEC and its allies rose by 450,000 b/d in March, as Russia and Iraq pumped well above their agreed caps.  OPEC's 13 members pu

072021-04

Saudi Aramco Raises Asian Oil Sale Prices
Saudi Arabian Oil Co. on Sunday raised all of the prices at which it will sell oil to Asia in May, while slightly lowering its prices for the U.S. and Euro

312021-03

Shale Oil’s New Investors Want Discipline And A Smaller Environmental Footprint
Gone are the days when shale oil and gas companies could persuade investors to write checks by simply pumping lots of oil. These days a different and mo

242021-03

Oil falls more than 3% as European coronavirus curbs point to demand hit
Oil prices fell more than 3% on Tuesday, hit by concerns that new pandemic curbs and slow vaccine rollouts in Europe will hold back a recovery in demand, w

172021-03

EIA: Asia main export destination for US LNG in 2020
U.S. exports of LNG continued to grow in 2020, averaging 6.6 billion ft3/d on an annual basis, according to the U.S. Energy Information Administration&rsquo

102021-03

Global oil & gas upstream activities market to grow at CAGR of 26.6% to $3,335bn in 2021
The global oil and gas upstream activities market is expected to grow at a compound annual growth rate (CAGR) of 26.6% from $2,635.45bn in 2020 to $3,335.52

032021-03

GLOBAL OIL DEMAND SET TO REACH 96.4 MILLION BARRELS PER DAY IN 2021
According to the IEA Oil Market Report (OMR) world oil demand is set to grow by 5.4 mb/d in 2021 to reach 96.4 mb/d, recovering around 60% of the volume los

252021-02

Bank Of America Sees $70 Oil By Summer
Brent Crude prices could hit $70 a barrel in the second quarter of 2021, while they are set to average $60 this year, Bank of America said this week, raising it

032021-02

Oil, Bubbles, And Gamestop
For oil traders, the brouhaha surrounding the Gamestop stock price spike is familiar, but also to fans of Charles Dickens, who, in Nicholas Nickleby, descri

272021-01

U. S. Proved Oil Reserves Remain Flat, Natural Gas Reserves Decline
Lower crude oil and natural gas prices reversed in 2019 a two-year trend of record high proved reserves in the United States as operators revised down their
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