The loss of Iran could pull millions of barrels off the market at a time when spare capacity is at a premium.
Read More »Crude Oil Futures Largely Stable as Markets Await Fresh Signals
US oil rig counts were up by two to 1.048 for the week ended July 27. according to Baker Hughes
Read More »BP`s Big Gamble with Shale Deal
The company has been underexposed to the hottest market in global oil since the sale of its U.S. shale assets in 2010.
Read More »Aramco is Weighing Global Bond Sale to Finance SABIC Deal
Aramco has appointed JPMorgan Chase &. Co and Morgan Stanley to advise on the SABIC deal.
Read More »Petrobras Pushes more Crude to Top Importer China
Teapot refiner demand for low-sulphur product boosts Brazil oil output.
Read More »EU. US to Boost Strategic Energy Cooperation
Russia and Norway are exporting record volumes of fuel to Europe via pipelines.
Read More »Aramco Unlikely to Reduce Oil Exports to West after Houthi Attack
Oil producer has alternative channels to transport crude to its customers in Europe.
Read More »China’s Economic Growth Could Boost Oil Demand
China’s economic growth eased in the second quarter of this year to 6.7 percent.
Read More »Study Assesses OPEC’s Spare Capacity Value
The study is based on date only up to October 2014.
Read More »Europe`s Energy Giants Earn Benefits of Oil Price Surge
The rise in the price of crude is obviously very good news for oil companies.
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