ENB Publishers Note: CL not nearly as bullish heading into day two of OPEC talks, with sides looking like a production stay. Russia is the wild card. Check out Energy News Beat on YouTube and […]
Stocks drop on the first trading day of 2021 amid concerns about COVID-19 cases and the runoff election in Georgia. The Dow and S&P 500 were on pace for their biggest one-day sell-off since Oct. […]
A majority of OPEC+ members including Saudi Arabia were opposed to increasing oil output again next month, while Russia was proposing the maximum supply hike allowed by the group’s agreement. The difference of opinion between […]
OPEC warned of risks to the oil market from the resurgent pandemic, a day before the group and its allies meet to consider whether to increase production. “The outlook for the first half of 2021 […]
Iranian energy companies have agreed deals worth $1.2 billion to raise the nation’s crude output, state-run National Iranian Oil Co. said. The signings were initially meant to take place on Monday in Tehran in the […]
Russian oil and gas condensate output declined to 10.27 million barrels per day (bpd) last year, according to energy ministry data cited by the Interfax news agency MOSCOW: Oil production in Russia declined last year […]
Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of the global economy, but prices have rebounded strongly from their lows as governments rolled […]
Exxon Mobil Corp. signaled in a regulatory filing that higher oil and gas prices and improved chemicals margins would aid fourth quarter results, but the gains would be overshadowed by an up to $20 billion […]
U.S. crude, gasoline and distillate stocks fall last week-EIA * Investors cheer a potential Brexit trade deal * U.S. drillers add oil and gas rigs for fifth week in row TOKYO, Dec 24 (Reuters) – […]
Denver — US operators captured a record percentage of associated gas in oil-rich US plays in 2020 as new infrastructure combined with lowered output, while natural gas achieved the strongest gas-to-oil price ratios recorded in years. […]
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