Crude Oil

Crude Oil , Trade , International

Saudi Arabia Cuts September Crude Prices to Asia

Saudi Arabia's state oil producer Aramco has cut the official selling prices for its crude to Asia and Europe, while leaving them unchanged for the U.S., a document obtained by Reuters showed.

August 6, 2020

Crude Oil

US Sends First Shipment of Crude to Saudi Arabia Since 2002

Cargo was less than can be carried by one Aframax tanker.

August 6, 2020

Business , Exploration & Production , Crude Oil

Experts Expect Tough Second Half Ahead for Oil Sector

Oil and gas companies face continued market volatility despite an already historic year so far.

August 4, 2020

Crude Oil

Oil Prices on Track for Monthly Gain as Dollar Supports

Oil prices rose on July 31 and were on track for monthly gains, boosted by a weaker dollar in the face of continuing concerns over the recovery of the U.S. economy.

July 31, 2020

Crude Oil , International

End Game for Oil? OPEC Prepares for an Age of Dwindling Demand

‘People are waking up to a new reality’ as the cartel may be forced to adjust.

July 28, 2020

Crude Oil

Column: China’s Surging Crude Imports Mask Weakness in Rest of Asia

Chinese refiners took advantage of the oil price war’s very low prices, so record imports may continue in August.

July 27, 2020

Exploration & Production , Crude Oil , Shale Plays

US Oil Production Wells Up after COVID Price Crash

Oil production in the U.S. is expected to stabilize at about 11 million bbl/d after recovering from a low in June.

July 27, 2020

Crude Oil , Shale Plays

US Oil Exports to Europe Rebound as OPEC+ Cuts Supply

Oil producers in the U.S. have boosted volumes, after curbing shale well output in the spring when prices collapsed.

July 27, 2020

Crude Oil , Trade , International

Iraq Increases Oil Exports in July, Still Pumps above OPEC+ Target

The July figures imply Iraq is still some way from fulfilling its OPEC+ pledges and is exporting far more than a July loading program indicated.

July 21, 2020

Public Capital , Natural Gas , Crude Oil , Shale Plays

Chevron CEO Mike Wirth Sees Continued ‘Choppy Economic and Price Activity’

Mike Wirth, the CEO of U.S. oil giant Chevron Corp., on July 20 said the uncertainty of the COVID-19 pandemic has it planning for "choppy" oil prices and economic activity globally.

July 21, 2020