Crude Oil

Crude Oil , Trade , International

Opinion: India, Saudi Arabia’s Spat over Oil Prices

The decision by OPEC+ at the start of this month to leave output unchanged despite a near doubling of oil prices since the start of November sparked an angry exchange of words between India and Saudi Arabia.

March 26, 2021

Crude Oil , Trade , International

OPEC+ to Keep Oil Taps Tight as Europe Tightens Lockdowns

European nations including France, Switzerland and Norway have tightened restrictions to address rising coronavirus cases as OPEC+ prepares to assess their policy on oil output cuts on April 1.

March 25, 2021

Crude Oil , Trade , International , Tankers

Oil Prices Rise after Suez Canal Ship Runs Aground Blocking Traffic

The potential disruption to supplies due to the Suez Canal incident has lifted oil prices, but “the reprieve seems temporary,” says Jeffrey Halley of brokerage OANDA.

March 24, 2021

Crude Oil

What’s Affecting Oil Prices This Week? (March 22, 2021)

In its latest oil price forecast, Stratas Advisors explores whether more downside is on the horizon after last week’s price decline which was the first significant decline in oil prices since the beginning of March when the market was waiting for the outcome of the OPEC+ meeting.

March 22, 2021

Crude Oil , Technology , Digital Oilfield

E&P Plus Feature: Thinking Big and Starting Small by Optimizing Quality and Logistics

Add liquidity to the oil and gas industry with a software-as-a-service enabled marketplace backed by physical chemistry.

March 19, 2021

Crude Oil , Trade , International

Woodmac: China’s Climate Pledge to Create Tectonic Shift, Enhance Energy Security

China's goal to become carbon neutral in 2060 will require $6.4 trillion of investment in new power generating capacity, leading to a tectonic shift in manufacturing and commodity imports while boosting its energy security, consultancy Wood Mackenzie said on March 18.

March 19, 2021

Crude Oil , Trade , International , Shale Plays , Technology

Hydrogen: What Industry Insiders Think of the ‘Fuel of the Future’

Hydrogen is vogue again. In the media, at conferences, in company presentations, there is no escaping the buzz around it.

March 19, 2021

Crude Oil , International

Oil Supercycle Unlikely But Gasoline Demand May Have Peaked, IEA Says

An extended surge in oil prices is unlikely as the world rebounds from the pandemic given ample supply but changes are seen in demand and gasoline may have peaked, the IEA said on March 17.

March 17, 2021

Exploration & Production , Crude Oil , Shale Plays

Opinion: Oil Sector Revival Has Producers Eyeing Boom Times

If you thought coronavirus had hobbled the oil industry for good, think again, says Financial Times' Derek Brower. Just a year after a Saudi-Russian price war and the pandemic triggered the worst oil crash in decades, a stunning reversal is under way.

March 17, 2021

Crude Oil

Oil Bears and Bulls Grapple as Market Puzzles over Pandemic Exit

Oil futures have already recovered to pre-pandemic levels, with Brent crude futures spiking $55 in less than a year to $70 a barrel this week while actual fuel demand remains weak.

March 17, 2021