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OilMonster
Crude Oil News
Sri Lanka Struggling to Pay for Fuel Shipments, Minister Says
The country of 22 million people is unable to pay for essential import of food…
July 4th 2022
Oil Prices Slip as Recession Fears Rumble On, Tight Supply Stems Losses
Oil supply concerns still remain, preventing steeper price falls.
July 4th 2022
State-run Petroecuador Moves to Lift Force Majeure on Oriente Crude Exports
The demonstrators' demands forced fuel price cuts and reforms of oil and mining laws to…
July 1st 2022
Oil Prices Ease on Recession Fears, Headed for Third Weekly Loss
Brent crude futures were down 20 cents, or 0.2%, at $108.83 a barrel by 0428…
July 1st 2022
OPEC+ Meets with Little Prospect of Pumping More Oil
OPEC+ consists of the Organization of the Petroleum Exporting Countries and allies such as Russia.
June 30th 2022
Oil Slides 2% on Rising U.S. Fuel Stocks and Output
Brent and WTI gained about 7% over the prior three sessions on worries about tight…
June 30th 2022
G7 Agrees to Explore Cap on Russian Oil Price
Russian oil export revenues climbed in May even as volumes fell, the International Energy Agency…
June 29th 2022
U.S. Authorities Make Check on Oil Tanker Arrived from Russia
The United States imposed sanctions on Russian oil products following its invasion of neighbor Ukraine…
June 29th 2022
Mexico’s Pemex Increases Crude Exports to U.S.
That compares to shipments of 594,000 bpd to the same region in April, out of…
June 28th 2022
Oil Extends Gains as Major Producers Flag Capacity Limits
Brent crude futures advanced $1.26, or 1.1%, to $116.35 a barrel, adding to a 1.7%…
June 28th 2022