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Crude Oil News
Nigeria Finalizes Winners of Coveted Two-Year Crude Oil Contracts
Crude oil contracts awarded in 2018 lasted for two years. A full list was never…
May 17th 2021
Oil Edges Lower as Covid-19 Restrictions in Asia Fuel Demand Concerns
Investors remained cautious on worries that the highly transmissible coronavirus variant first detected in India…
May 17th 2021
Jordan Says Fire in Four Oil Pipelines That Feed Aqaba Refinery Put Out
Jordan security added the fire was put out before it reached crude oil storages, and…
May 14th 2021
Oil Extends Loss on India Covid-19 Cases, U.S. Pipeline Restart
Colonial Pipeline said late on Thursday it had restarted its entire pipeline system and had…
May 14th 2021
Vedanta’s Cairn Oil & Gas Commences Oil Production from Facility in Rajasthan
It is the largest horizontal well with multi-frac development campaign of 37 wells in the…
May 13th 2021
Oil Rises to 8-Week High on Demand Hopes, U.S. Export Decline
Fuel shortages worsened in the southeastern United States as the shutdown of the Colonial Pipeline,…
May 13th 2021
Canada Warns Michigan Oil Line Shutdown Could Undermine U.S. Ties
Ontario estimates the city of Sarnia, across the border from Michigan, could lose 5,000 refinery…
May 12th 2021
Oil Prices Rise on Nagging Fears of Fuel Shortages
Meanwhile, the rapid spread of infections in India has increased calls to lock down the…
May 12th 2021
Occidental Petroleum Loss Narrows as Chemicals, Oil Exports Gain
Midstream and marketing income was $282 million, compared with last year’s $1.3 billion loss on…
May 11th 2021
Oil Gains After Cyberattack Forces Shutdown of U.S. Fuel Pipelines
The White House was working closely with Colonial to help it to recover.
May 11th 2021
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