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Crude oil demand is rebounding faster than supply, pushing prices higher
EIA: This year, demand for petroleum, both in the United States and globally, has largely returned to the pre-pandemic levels in 2019
EIA: This year, demand for petroleum, both in the United States and globally, has largely returned to the pre-pandemic levels in 2019
2021/11/12 09:14
The Democratic-sponsored $1-trillion infrastructure bill last weekend became the latest bullish driver of oil prices
More consumption growth lies in wait once travel begins in earnest and jet fuel demand picks up
The Biden Administration has limited options to keep oil prices in check this winter
More consumption growth lies in wait once travel begins in earnest and jet fuel demand picks up
The Biden Administration has limited options to keep oil prices in check this winter
2021/11/12 09:07
Independent refiners in China boosted imports of oil from Iran between August and October
Between August and October 2021, China imported on average 560,000 barrels per day (bpd) of Iranian oil
Between August and October 2021, China imported on average 560,000 barrels per day (bpd) of Iranian oil
2021/11/12 09:02
A group of Democratic Senators has called on President Joe Biden to reimpose a ban on crude oil exports
The same group blamed higher gasoline prices on OPEC
Democratic Senators: high gasoline prices have placed an undue burden on families and small businesses
The same group blamed higher gasoline prices on OPEC
Democratic Senators: high gasoline prices have placed an undue burden on families and small businesses
2021/11/10 17:07
Aramco CEO: The world will see its level of spare oil production capacity dwindle next year
An expected rise in jet fuel demand will eliminate all spare production capacity
An expected rise in jet fuel demand will eliminate all spare production capacity
2021/11/10 17:04
Saudi Arabia reported economic growth of 6.8 percent on the year for the third quarter on the back of higher oil prices. This is the highest quarterly growth for the Kingdom since 2012, Reuters noted in a report.
2021/11/10 17:00
Iran looks to ramp up production in four lesser-known oil fields
Iran’s Petroleum Ministry looks to use EOR-techniques to extract more oil from existing fields
Iran enjoys some of the lowest lifting costs per barrel in the world
Iran’s Petroleum Ministry looks to use EOR-techniques to extract more oil from existing fields
Iran enjoys some of the lowest lifting costs per barrel in the world
2021/11/10 16:55
Biden’s Infrastructure Bill is often painted as being anti-fossil fuels, but the truth is that the bill will provide a major boost to the oil and gas industry
2021/11/10 16:49
Shandong Weima Pumps Manufacturing Co.,Ltd. was awarded as the Gazelle enterprise of Shandong Province in 2021.
2021/11/05 16:54
The U.S. Lost Control Of This Giant Iraqi Oilfield.
2021/11/05 16:49
Crude oil prices fell after the EIA reported an oil inventory build of 3.3 million barrels
The authority also reported mixed results in gasoline and middle distillates
The authority also reported mixed results in gasoline and middle distillates
2021/11/04 18:28
The price of oil has climbed to multi-year highs, and oil companies are raking it in.
2021/11/03 17:45
Crude oil demand is rebounding faster than supply, pushing prices higher
EIA: This year, demand for petroleum, both in the United States and globally, has largely returned to the pre-pandemic levels in 2019
EIA: This year, demand for petroleum, both in the United States and globally, has largely returned to the pre-pandemic levels in 2019
The Democratic-sponsored $1-trillion infrastructure bill last weekend became the latest bullish driver of oil prices
More consumption growth lies in wait once travel begins in earnest and jet fuel demand picks up
The Biden Administration has limited options to keep oil prices in check this winter
More consumption growth lies in wait once travel begins in earnest and jet fuel demand picks up
The Biden Administration has limited options to keep oil prices in check this winter
Independent refiners in China boosted imports of oil from Iran between August and October
Between August and October 2021, China imported on average 560,000 barrels per day (bpd) of Iranian oil
Between August and October 2021, China imported on average 560,000 barrels per day (bpd) of Iranian oil
A group of Democratic Senators has called on President Joe Biden to reimpose a ban on crude oil exports
The same group blamed higher gasoline prices on OPEC
Democratic Senators: high gasoline prices have placed an undue burden on families and small businesses
The same group blamed higher gasoline prices on OPEC
Democratic Senators: high gasoline prices have placed an undue burden on families and small businesses
Aramco CEO: The world will see its level of spare oil production capacity dwindle next year
An expected rise in jet fuel demand will eliminate all spare production capacity
An expected rise in jet fuel demand will eliminate all spare production capacity
Saudi Arabia reported economic growth of 6.8 percent on the year for the third quarter on the back of higher oil prices. This is the highest quarterly growth for the Kingdom since 2012, Reuters noted in a report.
Iran looks to ramp up production in four lesser-known oil fields
Iran’s Petroleum Ministry looks to use EOR-techniques to extract more oil from existing fields
Iran enjoys some of the lowest lifting costs per barrel in the world
Iran’s Petroleum Ministry looks to use EOR-techniques to extract more oil from existing fields
Iran enjoys some of the lowest lifting costs per barrel in the world
Biden’s Infrastructure Bill is often painted as being anti-fossil fuels, but the truth is that the bill will provide a major boost to the oil and gas industry
Shandong Weima Pumps Manufacturing Co.,Ltd. was awarded as the Gazelle enterprise of Shandong Province in 2021.
The U.S. Lost Control Of This Giant Iraqi Oilfield.
Crude oil prices fell after the EIA reported an oil inventory build of 3.3 million barrels
The authority also reported mixed results in gasoline and middle distillates
The authority also reported mixed results in gasoline and middle distillates
The price of oil has climbed to multi-year highs, and oil companies are raking it in.