Industry groups reacted to the Department of Interior’s release of its five-year offshore drilling plan that seeks to...
Crude Oil Forecast: API Data Eyed as Energy Traders Fly at Night Amid EIA Debacle
CRUDE OIL, WTI, ECONOMY, PBOC, API INVENTORY DATA - TALKING POINTS Crude oil rises as economic signals support further...
Industry groups call refiners’ meeting with energy secretary ‘constructive’
(WO) — Major U.S. oil refiners met with U.S. Energy Secretary Jennifer Granholm on Thursday to discuss rising energy...
OPEC expects oil demand growth to slow significantly next year
(Bloomberg) — OPEC expects the pace of oil demand growth to halve next year as inflation and conflict grip the global...
Saudi Arabia Tucks Away Billions in Oil Money for Next Year
Saudi Arabia will hold billions of dollars from its oil windfall in a government current account until the end of the...
‘Green Nobel’ winner warns oil majors may abandon Nigeria on pollution cleanup
(Bloomberg) — A Nigerian lawyer awarded a top prize for grassroots environmental activism has warned that...
OEUK: A windfall tax risks reducing the UK’s energy security
Billions of pounds of investments aimed at building the UK’s net zero energy infrastructure could be diverted to other...
Permian producer Centennial to buy Colgate for $2.5 billion
(Bloomberg) — Centennial Resource Development Inc., a shale oil producer in the Permian Basin, agreed to acquire...
Russian Oil Producers Start Using Tankers the World Didn’t Want
Fleet had been under employed following invasion of Ukraine Sovcomflot sold vessels, may lift use of remaining tankers...
New Oil Traders Fill Void as Top Names Abandon Moscow Ties
Signs of increased purchasing by Chinese teapot refineries Moscow-linked Litasco becoming a more prominent trader With...
Middle East Bunkering Convention 2022 • DUBAI
Now in its seventh year, the Middle East Bunkering Convention returns to Dubai in March 2022, providing a key forum...
Crude Oil Price Rally to Persist as Long as RSI Holds in Overbought Zone
CRUDE OIL PRICE TALKING POINTS The price of oil trades at its highest level since 2008 as it hits a fresh yearly high...