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OPEC oil output falls as Nigerian rebound falters -Reuters survey

01/02/2023

OPEC oil output fell in January, a Reuters survey found on Tuesday, as Iraqi exports declined and Nigerian output did

Germany should consider strategic gas reserve – regulator

01/02/2023

Germany should consider the idea of a national gas reserve, the head of the country’s network regulator said, after months

Gasoil margins extend losses on cautious sentiment

01/02/2023

Asia’s 10 ppm sulphur gasoil margins extended losses for a second consecutive session, as cautious trading sentiment continue to weigh

Dubai, Murban inch up; OPEC+ output plan awaits

01/02/2023

Middle East crude benchmark Dubai and Murban edged higher in the last trading session in January, as the market awaits

Gasoline crack falls, naphtha rises

01/02/2023

Asia’s gasoline refining profit margin declined on Tuesday amid demand concerns in the South Asian region.

The crack slipped by around

Despite sanctions, Iran’s oil output rises 140,000 bpd in 2022: EIA

01/02/2023

The U.S. Energy Information Administration (EIA) in a recent report has put Iran’s average oil production in 2022 at 2.54

Exxon smashes Western oil majors’ profits with $56 billion in 2022

01/02/2023

Exxon Mobil Corp (XOM.N) posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about

Proved reserves of natural gas increased 32% in the United States during 2021

31/01/2023

Proved reserves of natural gas in the United States grew to a new record of 625.4 trillion cubic feet (Tcf)

Crude oil price likely to test $100/bbl in 2023; go long around Rs 6800/bbl with upside target of Rs 7100/bbl

31/01/2023

Oil prices could see better 2023 than 2022. We believe the price will sustain above $90 as money managers have

Oman’s production of oil rises by 9.6% in December 2022

31/01/2023

The Sultanate of Oman’s production of oil recorded a rise of 9.6 per cent till the end of December 2022

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