Tag: crude oil

Summary Oil prices rose 50% in 2021 JPM expects oil prices to "overshoot" to $125 this year Some OPEC producers are struggling to raise supply OPEC doesn't want oil at ...

Four sources with in-depth knowledge of the matter told reporters that at least once in the middle of the divestiture process of its biggest refineries, Brazil's state-controlled oil company, Petrobras ...

Reports informed by four government sources with knowledge of the plans that Japanese officials are working on ways to get around restrictions on releasing national reserves of crude oil in ...

On October 11, oil prices continued to move higher with both Brent and West Texas Intermediate (WTI) at more than $80 a barrel. WTI was trading at $80.66 and Brent ...

Global record-high natural gas prices appear to be pushing some of the energy-intensive firms to curtail production in a trend that is now adding to disruptions to global supply chains ...

Sinopec Corp’s top executive says China’s oil consumption is predicted to peak around 2026 at about 16 million barrels per day. He also said that the consumption of natural gas ...

After the recent announcements of massive developments in Iraq by various major oil companies, the nation seems to be rebounding considerably from the COVID-19 pandemic. It now looks to maintain ...

Rahul Dhir, Tullow Oil Plc chief, described a strong operational performance as the firm released its financial results for the first half of this year. In this period, sales revenue ...

Oil prices have remained steady on September 9, 2021, as the Delta variant of the coronavirus continues to weigh on the demand outlook. The commodity has managed to offset the ...

The prices of oil surged on August 27, 2021, and seems on track to record massive gains for the week on fears about supply disruptions as energy firms started shutting ...