Crude Oil
Crude Oil , Trade , International
Iran’s Oil Exports Jump in September Defying US Sanctions
Exports have shrunk from over 2.5 million bbl/d since the U.S. withdrew from a nuclear deal with Iran and reimposed sanctions in 2018. Still, Iran has been working to get around the measures and keep exports flowing.
Public Capital , Exploration & Production , Crude Oil , Shale Plays
ConocoPhillips Sees Global Oil Demand Returning
The view stands in contrast to that of rival BP Plc, which sees the coronavirus pandemic leaving a lasting effect on global energy demand, though ConocoPhillips still expects "quite a bit of uncertainty next year."
Investment , Crude Oil , Shale Plays , Tankers , Storage , Construction , Pipelines
Max Midstream to Develop New US Crude Export Hub Following Acquisition from Oaktree
The revitalized terminal is not only expected to connect the Port of Calhoun to both the Eagle Ford and Permian basins but also create more than 1,000 jobs in the Lone Star State, Max Midstream President Todd Edwards says.
Business , Crude Oil , Trade , International
Oil-trading Bribery Probe Widens with new US Charges, Guilty Pleas
Authorities in the United States and Brazil are investigating improper payments to officials at Petrobras, Brazil's state-run oil company, as part of Brazil's far-reaching corruption probe, known as Car Wash.
Business , Unconventional , Crude Oil , Shale Plays , Completions , Pressure Pumping
Will US Oil Production Ever Hit 13 Million Barrels Per Day Again?
Analysts discuss the outlook for the U.S. shale sector as it recovers from the latest downturn, awaiting higher global demand.
Business , Exploration & Production , Crude Oil , Shale Plays
Dallas Fed Survey: US Oil Production Has Peaked, Executives Say
Survey results said 66% of 154 oil and gas firm executives contacted by the Dallas Fed this month believe U.S. crude oil production has peaked. The survey includes executives from Texas, Louisiana and New Mexico.
Petrochemicals , Crude Oil , Storage
US Oil Inventories Fall across the Board Last Week
Crude oil production slipped to 10.7 million bbl/d, down in part due to storm activity that closed offshore drilling sites in the U.S. Gulf of Mexico.
Crude Oil , Trade , International , Midstream
Column: China’s US Crude Oil Imports to Hit Record in September
Vessel-tracking and port data compiled by Refinitiv indicates China will import 867,300 bbl/d of U.S. crude oil in September, exceeding 653,870 bbl/d in August and 693,500 bbl/d in July.
Crude Oil , Trade , International
OPEC Watching Libyan Oil Restart Closely for Deeper Supply Cuts
OPEC member Libya is exempt from cutting oil output under a deal by OPEC and allies, known as OPEC+. A restart in Libya supply could force other producers to make further reductions to support prices.
Petrochemicals , Crude Oil , Trade , International , Storage
What’s Affecting Oil Prices This Week? (Sept. 21, 2020)
The first cut is the deepest…or not? OPEC+ will likely need to add oil output cuts soon, Stratas Advisors says in its latest oil price forecast.