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Crude Oil News
Oil Climbs on Tight Supply, Renewed Risk Appetite
ANZ Research said market sentiment is also being supported by surging natural gas prices.
September 23rd 2021
India Refiners’ August Crude Processing Lowest in 10 Months
Natural gas output jumped 20.2% to 2.92 billion cubic metres from a year earlier, data…
September 23rd 2021
OPEC+ Struggles to Pump More Oil to Meet Rising Demand
Iraqi oil OPEC minister Ihsan Abdul Jabar, said on Sunday OPEC+ is expected to stick…
September 22nd 2021
Oil Rises on Big Decline in U.S. Crude Stocks
Gasoline inventories fell by 432,000 barrels and distillate stocks, which include jet fuel, fell by…
September 22nd 2021
Oil Falls 2% on Risk Aversion, Dollar Strength
The facility serves as the transfer station for all the output from the company's assets…
September 21st 2021
Saudi Retains Top Spot in Oil Supplies to China with Volumes Up 53%
Official data has consistently recorded zero imports from Iran or Venezuela since the start of…
September 21st 2021
Malaysia Production Slump After Leak on Shell Platform
Upstream has approached Gumusut-Kakap operator Shell and Malaysia’s national oil company Petronas for comment.
September 20th 2021
Oil Down on Stronger Greenback, Rising U.S. Rig Count
A stronger greenback makes U.S. dollar-priced oil more expensive for holders of other currencies, curtailing…
September 20th 2021
Iraq Signs Initial Agreement to Build Oil Refinery Near Mosul in North
The refinery will use the heavy crude oil from the northern Qayyara oilfield to produce…
September 17th 2021
Oil Dips as U.S. Storm-Hit Supply Makes Slow Return
The risk of weakened demand in Southeast Asia has abated as COVID-19 cases appear to…
September 17th 2021
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