News

The firm got USD 73.72 per barrel of crude oil that it produced and sold to refiners for processing into petrol and diesel in ...
Spot premiums for Murban crude have hit six-month lows on surging supply as the United Arab Emirates ramps up output ...
This potential surge in supply comes at a time when the market is already anticipating a surplus, further pressuring prices ...
A protracted slump in crude prices has ratcheted up the pressure on Big Oil’s commitment to allocate cash to shareholders.
Oil prices turned lower today, May 22, as markets assessed reports that OPEC+ members were discussing the possibility of ...
Crude has shed about 14% this year, hitting the lowest since 2021 last month, as OPEC+ loosened supply curbs at a faster-than ...
U.S. supplies of natural gas in storage climbed by 120 billion cubic feet (bcf) for the week ending May 16, lifting total inventories to 2.375 trillion cubic feet — 90 bcf above the five-year average, ...
Oil dropped over 2% on Thursday as a potential U.S.-Iran nuclear deal raised the prospect of increased global crude supply, ...
Domestic crude production has gone down about 200,000 barrels a day since the first of April. Output rose slightly last week, ...
Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move ...
After paying nearly $40 to fill his tank at a Springdale gas station, Davon Magwood will cancel his East Coast trip this ...