News

March World And Non-OPEC Oil Production Rises
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
Oil rises as strong demand offsets big OPEC+ output hike
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
Oil rises on speculation Trump plans to sanction Russian crude
US sanctions could be announced early next week as Trump signals an increasing frustration with Putin’s refusal to end his ...
BP rises on surprisingly upbeat Q2 production and oil trading guidance
BP (NYSE:BP) +3.3% in Friday's trading after saying it expects to report higher production and a strong result from its oil ...
Oil and Natural Gas Technical Analysis: Volatility Rises on OPEC+ Output and Trade Tensions
WTI crude oil is rebounding from its long-term support at $66, while natural gas prices are consolidating within the ...
OPEC oil output rises in June on Saudi and UAE hikes, Reuters survey finds
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
Upstream Online1d
BP stock price rises on surprise production and oil trading guidance
Second-quarter trading update flags increased oil and gas output and strong oil trading results, but warns that lower ...
IPPMEDIA2d
Local participation in Oil and Gas sector rises to 85 pct, PURA reports
TANZANIA has made major strides in enhancing local participation in the oil and gas industry, with the Petroleum Upstream ...
Business Recorder1d
Palm rises for two consecutive weeks on stronger rival oils
JAKARTA: Malaysian palm oil futures rose on Friday and logged its second weekly gain despite higher June stocks, ...
Global Oil Supply to Rise Faster Than Expected, IEA Says
Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...