China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
Venezuelan oil industry: world’s largest reserves, decaying infrastructure
Jan 3 (Reuters) – Following are key facts about the oil industry of Venezuela, whose President Nicolas Maduro…
Should Opec worry? China joins US shale oil revolution with deep fracking breakthrough
China’s recent breakthroughs in fracking technology have the potential to usher in a new shale revolution that could…
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says
Item 1 of 2 Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman attends a session of the St.…
Investors risk being hoodwinked by grim energy transition vibes
Investment in low-carbon energy to reach $2.2 trillion this year Global renewable power capacity is forecast to double…
More oil demand expected in 2026 thanks to data centres, UAE minister says
Item 1 of 2 UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO…
OPEC+ to Pause Output Hikes Next Year as Market Set for Glut
(Bloomberg) — OPEC+ will pause output increases during the first quarter — after making another modest hike next…
Trump’s ‘peace tour’ piles pressure on Tullow Oil as $1.3bn refinancing looms – The Irish Times
US president Donald Trump and the red caps may not have won over Oslo with their unseemly lobbying…
Oil Slumps To Five-Month Low On Market Fears Of Impending Oversupply
A floating production storage and offloading or “FPSO” vessel around 250km off the coast of Angola in the…
Stocks Swoon as Trade Jitters Spur Rush to Bonds: Markets
(Bloomberg) — Flaring trade tensions between the US and China sent shockwaves across markets Friday, hammering stocks, oil…
OPEC Seen Likely to Approve Another Output Hike for November
(Bloomberg) — OPEC will likely raise oil output again in November as the group continues its strategy to…