Oil Steadies After OPEC Output Hike
Oil steadied as traders weighed an OPEC+ decision to raise production at a modest against Saudi Aramco’s reduction…
WATCH: Legislator warns gas could reach $8 to $10 a gallon | California
(The Center Square) – California needs to produce more oil to keep gas prices from hitting $8 to $10…
Crude Oil Prices Rise as OPEC+ Raises Crude Production Modestly
October WTI crude oil (CLV25) today is up +0.73 (+1.18%), and October RBOB gasoline (RBV25) is up +0.0046…
CNOOC starts up Wenchang 16-2 oil production offshore China
CNOOC has brought onstream the Wenchang 16-2 oilfield development in the western Pearl River Mouth Basin of the…
Back to petroleum | The Observer
As the great and the good filed into the Royal Lancaster hotel overlooking Hyde Park, London, in February…
Kachikwu advocates raising of NCI Fund to US$1bn, timeline for developing oil blocks
Former Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu has canvassed that the $450m Nigerian Content Intervention…
Crude Oil Moves Higher Even As Oversupply Concerns Linger
(RTTNews) – Crude oil moved higher on Monday, regaining ground following last week’s loss as the OPEC+ alliance’s…
Crude oil higher on the day but off loftier levels
The price of crude oil is higher on the day but well off the high levels. The weekend’s…
TUC threatens strike, rejects planned 5% tax on petroleum products
The Trade Union Congress, on Monday, rejected the federal government’s planned 5% tax policy on petroleum products, warning…
ConocoPhillips’ deep layoffs highlight need for capital discipline, analysts say
HOUSTON (Sept 8): ConocoPhillips must sharpen its focus on capital discipline and investment priorities in order to regain…
The Crude Crunch: U.S. Oil Industry Faces Turbulent Times
The U.S. oil industry is navigating through choppy waters, marked by massive layoffs and capital expenditure reductions,…
EU and U.S. Plan Coordinated Action on Russian Oil
The EU is weighing options to impose fresh sanctions on Russia’s oil industry and exports by sanctioning major…