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Crude Oil News
Barclays Lifts 2021 Oil Price Outlook on Tighter U.S. Supply View
The group is scheduled to meet on March 4.
February 26th 2021
Oil Mixed, U.S. Crude Hits Highest Since 2019 as Refineries Restart
Extra voluntary cuts by Saudi Arabia in February and March have tightened global supplies and…
February 26th 2021
Canada’s Crescent Point Posts Higher Quarterly Profit as Crude Prices Rise
The Calgary-based company said its total average production in the quarter fell 1.9% to 111,217…
February 25th 2021
Apache Posts Lower Fourth-Quarter Loss as Oil Prices Recover
In 2020, Apache spent $988 million on upstream projects, sharply below its original estimate of…
February 25th 2021
Iran Oil-Export Rise Runs Out of Steam in February- Tracker
The company did not give an updated figure for January shipments on Tuesday.
February 24th 2021
BofA Hikes 2021 Brent Price View by $10/bbl on Strong Oil Balances
OPEC+’s supply deal that extends into the first quarter has removed an extra 180 million…
February 24th 2021
Nigeria Extends Oil-For-Fuel Swap Contracts Until June: NNPC
NNPC issued a tender for new contracts, known as direct sale, direct purchase (DSDP), in…
February 23rd 2021
Oil Prices Jump More Than $1 as U.S. Output Struggles to Fully Restart
Stockpiles of U.S. crude oil and refined products likely declined last week, a preliminary Reuters…
February 23rd 2021
Arctic Drilling Plan in Alaska Hits Roadblock
The company missed a Feb. 13 deadline to perform its aerial den-detection work, Schwartz said.
February 22nd 2021
Iraq Decides to Freeze Oil Prepayments Deal on Rising Oil Prices
Brent crude has been trading above $60 a barrel recently.
February 22nd 2021
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