Crude oil eases, WTI slips under $63 as EIA projects rising US output
WTI barrel bids continued to churn on the low side of $64 on Tuesday.The EIA has forecast a…
OPEC raises forecast for global oil demand growth in 2026
The Organisation of the Petroleum Exporting Countries (OPEC) has revised upwards its forecast for global oil demand growth…
Cenovus in talks to jointly buy oil-sands producer MEG, sources say
(Bloomberg) – Cenovus Energy Inc. is in talks with Indigenous groups in Canada to jointly buy MEG Energy…
Governor Newsom has no solutions how to run California’s economy without crude oil
California Governor Newsom remains oblivious to the economy’s demands for a supply chain of products and transportation fuels…
India Swaps Russian Oil for Nigerian Crude in Major Energy Pivot
India is turning to Nigeria, Africa’s top oil producer, for its crude supplies as US pressure forces it to scale…
Petroleum Ministry says E20 fuel helps better ride quality, refutes impact on insurance
The Ministry’s statement emphasised there have been no issues relating to either drivability, ability to start the vehicle…
‘Creating false narrative’: Oil ministry reacts to ‘fear mongering’ on 20% ethanol-blended petrol on vehicles; Here’s what it said
The ministry of petroleum and natural gas on Tuesday strongly rejected what it calls “fear-mongering” over the performance…
Forecast update for Brent crude oil -11-08-2025
The price of (crude oil) declined in its last intraday trading, due to the stability of the key…
OPEC Increases Crude Oil Production By 263,000 Bpd
OPEC Increases Crude Oil production by 263,000 Bpd Crude oil production by the Organization of the Petroleum Exporting…
Petroleum min.: Egypt’s digital E&P platform draws dlrs 1.2 bn in investments
CAIRO – Minister of Petroleum and Mineral Resources Karim Badawi reaffirmed the strategic importance of the Egypt Exploration…
NORPETCO Drills 13 New Wells, Adds 1.5Mn Barrels in Reserves in FY 2024/2025
North Bahariya Petroleum Company (NORPETCO) has commenced crude oil production from the Ferdous-23 well, drilled 13 new other…
Crude Oil Futures Rise on Spot Demand: Rediff Moneynews
Crude oil futures gain in futures trade due to firm spot demand. September delivery rises on MCX. WTI…