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Oil hovers near 2019 highs amid OPEC cuts

21/02/2019

Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran,

Brazil’s burgeoning crude production is OPEC’s next headache

21/02/2019

When the giant P-67 floating oil production vessel lit its flare tower earlier this month, it marked the start of

Saudi Arabia resumes familiar role as swing producer: Kemp

21/02/2019

Saudi Arabia has resumed its traditional role as the swing producer, sharply reducing its own output to tighten the oil

UAE energy minister says oil market balance in Q1

21/02/2019

Energy Minister Suhail Al Mazroui said the oil market is on the “right track” and that the market will quickly

Canadian Heavy Crude Slips With Pipeline Rationing Set to Rise

21/02/2019

Heavy Canadian crude prices widened to the biggest discount against New York futures this year as pipeline-operator Enbridge Inc. reported

Govt clears reform to enhance domestic oil and gas exploration

21/02/2019

The Union government decided to offer the private sector bigger oil and gas areas that belong to its companies Oil

‘Phantom volcanoes’ may hide more oil and gas in the North Sea: study

21/02/2019

An unexplored 7,000 square kilometer (2,700 square mile) swathe of the British North Sea, previously thought to contain empty chambers

Saudi Aramco discussing investments in India’s Reliance Industries – CEO

21/02/2019

Saudi Aramco’s Chief Executive Officer Amin Nassar said on Wednesday that the company is in talks with India’s Reliance Industries

UK GAS-Prices rise on reduced supply

21/02/2019

British wholesale gas prices rose on Wednesday morning as gas flows from Norway dropped due to an outage and send-out

CNOOC keeps crude runs rate stable at Huizhou refinery after blast

21/02/2019

A blast at CNOOC’s Huizhou refinery on Monday afternoon that killed one worker has not affected crude oil runs at

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