Crude Oil

Investment , Crude Oil

Analysis: Oil Prices Turn More Volatile as Investors Exit the Market

"There will be concern that prices could fall back to lower levels that wouldn't justify new capex," energy analyst Arjun Murti said, speaking of how traders and fund managers have left the crude markets recently due to market volatility.

August 17, 2022

Crude Oil , International

More US Sour Crude Heads to Germany to Replace Russia Oil

In an effort to scale back its Russian oil imports, Germany is increasing crude imports from the U.S.

August 16, 2022

Natural Gas , Crude Oil , Shale Plays

EIA: Permian Oil Output to Reach Record High in September

Big production increases are also expected in other major plays, including Eagle Ford, Bakken, Appalachia and Haynesville, the agency said.

August 16, 2022

Crude Oil

Oil Prices Ease as Aramco Says Ready to Boost Crude Output

"We are confident of our ability to ramp up to 12 MMbbl/d any time there is a need or a call from the government or from the ministry of energy to increase our production," Saudi Aramco CEO Amin Nasser said in regards to potentially raising its crude output.

August 15, 2022

Crude Oil

What's Affecting Oil Prices This Week? (Aug. 15, 2022)

Stratas Advisors anticipates continued oil price volatility due to macroeconomic and geopolitical uncertainties, as well as supply/demand fundamental fragility.

August 15, 2022

Crude Oil

Oil Drops $4 over China’s Economic Data

China’s July refinery output lowest since March 2020, data shows.

August 15, 2022

Crude Oil , International

Iran Tanker Retrieves Oil Seized by US, Set to Leave Greece

In April, the U.S. commissioned a tanker to impound Iranian oil off the coast of Greece.

August 15, 2022

Crude Oil , Health, Safety & Environment

US Offshore Oil Output to Restart After Pipeline Fix

On Aug. 11, a Shell-operated pipeline leaked approximately 2 bbl of oil into the U.S. Gulf of Mexico.

August 15, 2022

Rig Counts , Crude Oil

Oil Falls 2% on Expectations that US Gulf Supply Disruption Will Ease

OPEC and the International Energy Agency (IEA) conflicting oil demand views, with OPEC cutting its world oil demand forecast and the IEA raising its demand growth forecast.

August 12, 2022

Crude Oil , International

Oil Prices on Track for Weekly Gain as Recession Fears Ease

Both Brent, WTI fall 0.3% in early trading, though weekly increase recoup part of last week’s oil price declines.

August 12, 2022