logo
Archive

Tag: Oil Prices

Saudis cutting US oil prices, raising rates for Asian buyers

Saudi Arabia raised prices for oil shipments to customers in its main market of Asia, signaling the kingdom’s confidence in the region’s economic recovery, according…

Oil prices falling after recent hike

Oil prices fell on April 2 after the rise in anticipation of the OPEC+ decision to increase production from May, which was perceived by the…

Oil Prices Fall as Greenback Bulks Up

Oil fell the most in a week as the dollar strengthened and investors shrugged off an attack on the world’s largest crude terminal in Saudi…

Again, Like One Year Ago, Saudi Arabia, Russia Disagree on Quotas

Saudi Arabia contacted a number of OPEC+ countries on February 21 about the parameters of the deal in April As RIA Novosti was told by a source…

Oil Prices Finish Higher on US Draw and OPEC+ Signs

Oil jumped the most in a week after a surprise decline in U.S. crude inventories and signals that OPEC+ made progress toward a widely anticipated…

Infographic: Oil majors rethink upstream spending amid face-off for cheapest barrels

Global oil majors are being forced to reevaluate the resilience and cost of new oil and gas projects to accommodate weaker demand outlooks and lower…

Advance Toward $50 Oil Could Be Tricky for OPEC+

With OPEC+ just days from meeting, those countries who favor ratcheting up oil production may be finding some support for their arguments from surging prices…

SOCAR: Azerbaijani Oil Cost $ 43.2 on Average in January-September

The average price of Azerbaijani light oil of the Azeri Light brand on the terms of CIF delivery in January-September 2020 was $ 43.2 per…

Russia Sees Oil Above $50 in 2021

Russia sees oil prices averaging $50 to $55 a barrel in 2021 as the development of Covid-19 vaccines spurs an economic recovery, said Energy Minster…

The Effects of a 2nd Covid Wave on Oil

Oil demand in 2020 could lose an additional 2.5 million barrels per day (MMbpd) in a second Covid-19 wave scenario, according to Rystad Energy. The…

0

Your Cart