U.S. oil drilling activity hit a 29-month low last week. In the course of the past nine months, StanChart says that there has been no indication whatsoever of sustained growth in U.S. crude oil production. […]
(WO) — UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Monday presided over the annual meeting of the Abu Dhabi National Oil Company (ADNOC) Board of Directors, in his capacity as its […]
Authored by Kyle Anzalone & Connor Freeman via The Libertarian Institute, Top-ranking Democratic Senators Bob Menendez (D-NJ) and Chris Murphy (D-CT) have called for a fundamental change to the relationship between Washington and Riyadh after […]
The United States increased its crude oil production in July by an average of just 12,000 barrels per day, according to the latest monthly data published by the Energy Information Administration. The United States produced […]
Saudi Arabia and the UAE have starring roles to play in the oil market this summer, as the only producers in the world holding any significant spare output capacity. But much of it is from […]
Ecuador could be forced to suspend all oil production within 48 hours as anti-government protests in the country intensify, the Ecuadorian energy ministry warned. The production suspension was to be “due to the acts of […]
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