Suriname’s offshore oil basins have…
Russia’s crude oil exports plunged…
While the world has slapped a wide variety of sanctions on Russia in the wake of Vladmir Putin’s illegal invasion and partial annexation of Ukraine, most of them…
A recent investigation by the Wall Street Journal revealed this month that there is a loophole that is allowing banned Russian crude to reach the U.S. market. If…
The Caspian Pipeline Consortium (CPC) is expected to complete the repairs at one of the mooring points at its Black Sea oil export terminal within three days, Kazakhstan’s Prime Minister…
Crude oil prices moved lower today after the Energy Information Administration reported a crude oil inventory build of 3.9 million barrels for the week to November 4. This
The earnings season is now drawing to a close, with 85% of S&P 500 companies having returned their Q3 2022 scorecards. According to FactSet Earnings…
Russia’s oil production could drop to as low as 9 million barrels per day (bpd) in December when the EU embargo on imports of Russian crude oil enters…
Energy sanctions against Russia have helped Moscow achieve the second-ever sail of a crude tanker east through the Arctic Circle toward China, a route dubbed 'Arctic Silk Road,'…
Demand for oil tankers carrying oil products is set to soar next year to heights not seen in three decades, according to new research from Clarkson Research Services, Ltd., cited…
As India’s oil and gas demand continues to grow, the South Asian country is looking to any supplier offering a low-cost product, regardless of how controversial they may…
Alongside the neverending charade over when/if the Fed will pivot (it will, it just needs to really break the market and the economy first, at which…
The U.S. shale patch will not help ease what could be a very tight global oil market when the EU embargo on imports of Russian seaborne oil enters…
After a swath of high-quality oil discoveries by an ExxonMobil-led consortium in offshore Guyana, which have identified at least 11 billion barrels of recoverable oil resources, have catapulted…
Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers of energy commodities to protect themselves against…
President Biden this week made a splash in the world of news as he once again pointed the finger at the oil industry, accusing companies of “war profiteering”…
In December 1975, when memories of gas lines were fresh on the minds of Americans as a result of the 1973 OPEC oil embargo, Congress established the Strategic…
Saudi Aramco posted a 39% yearly surge in net income for the third quarter and generated record free cash flow as higher oil prices and higher production helped it beat…
The imposition of a price cap on oil from Russia – being finalised last week by senior officials from the G7 governments in Washington - is an even…
In a move reminiscent of the Hugo Chavez years when Venezuela nationalized its oil industry, stripping by default many foreign oil companies of their assets, oil companies are once again…
Crude oil prices moved higher today after the Energy Information Administration reported a crude oil inventory increase of 2.6 million barrels for the week ending October 21. This compared…
The severe energy crisis which emerged after Russian President Vladimir Putin’s decision to invade Ukraine is causing energy prices to soar. This couldn’t…
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