Dec 6, 2023
U.S. Crude and Products Builds Send Oil Prices Lower
Crude oil inventories in the United States rose this week by 594,000 barrels for week ending December 1, according to
Read More
Dec 5, 2023
West Pressures Flag States in Clampdown on Russian Oil Sanction Evaders
Some of the most popular flag states for oil tankers – Panama, the Marshall Islands, and Liberia – have come
Read More
Dec 4, 2023
Oil Prices Under Pressure Despite Rising Geopolitical Tensions
Crude oil prices whipsawed between an early gain and a loss in a matter of hours in pre-noon trade in
Read More
Dec 4, 2023
U.S. Adds Three More Shippers to Russian Sanction List over Oil Price Cap
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added three additional companies and vessels
Read More
Dec 3, 2023
IEA Raises Oil Demand Outlook For 2023 And 2024
Despite concerns about the economy, global oil demand continues to exceed expectations, according to the International Energy Agency (IEA) which
Read More
Dec 2, 2023
Dutch Fund Keeps Shell, BP in Portfolio as it Dumps 40 Other Oil Firms
Dutch pension fund Pensioenfonds Metaal & Techniek (PMT) is divesting from 40 oil and gas companies, but will keep its
Read More
Dec 2, 2023
Russia’s Urals Crude Price Drops but It’s Still Above the $60 Cap
The average price of Russia’s flagship crude grade, Urals, dropped in November from October but was still way above the
Read More
Nov 28, 2023
Chevron’s Kazakh Oil Output Hit in Raging Black Sea Storm
Crude oil loadings at key Black Sea ports in Russia and Ukraine continue to be halted amid a raging storm
Read More
Nov 27, 2023
Jordan Considers Alternative Gas Supplies Amid Concerns Over Israeli Disruption
Jordan is considering diversifying its natural gas supplies amid fears that there could be disruptions in the flow of gas
Read More
Nov 27, 2023
Oil Prices Start the Week With a Decline
Crude oil prices began the week with a slide ahead of the postponed OPEC+ meeting that will now be held
Read More
