Oil

Practical Wellbore Hydraulics and Hole Cleaning presents a single resource with explanations. equations and descriptions that are important for wellbore hydraulics. including hole cleaning. Involving many moving factors and complex issues. this book provides a systematic and practical summary of solutions. thus helping engineers understand calculations. case studies and guidelines …

Japanese refiner Fuji Oil is set to resume Iranian crude purchases after Japan received one of those waivers.

OPEC and its allies are considering cutting oil output in 2019 as the group is increasingly concerned about the potential for oversupply.

Russian Energy Minister Plans to Sign OPEC Partnership Deal.

Reduced Saudi oil imports tend to reflect in lower weekly U.S. inventories.

US crude production reached another record last week. at 11.7 million barrels per day.

The Saudi tactic to send reduced volumes to the States succeeded last year.

While OPEC considers withholding supply. U.S. crude oil production reached another record last week.

OPEC last sought to drive out shale producers by flooding the market with oil in 2014.

The flows resumed on Friday at a modest level of around 50.000-60.000 barrels per day.