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HomeOPEC

OPEC

BRICS

Week Recap: OPEC Shifts, LNG Approval, and Global Energy Politics

September 7, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Saudi Arabia Expected to Cut Its Oil Prices to Asia for October September 2, 2024 Stu Turley Saudi Aramco is expected to cut the OSP of its crude oil for Asia […]

Iraq
Crude Oil News

OPEC+ Clinches Deal to Pause Planned Oil Hike After Price Rout

September 5, 2024 Stu Turley

OPEC+ agreed to pause its planned oil output hike for two months after prices plunged amid fragile demand and plentiful supply. Key coalition members won’t go ahead with the scheduled hike of 180,000 barrels a day in […]

BRICS

Rare Metals Prices Surge

September 5, 2024 Andy Del Prado

  Daily Standup Top Stories OPEC+ Close to Delaying Oil Supply Increase, Delegates Say September 4, 2024 Stu Turley Group had scheduled October production boost of 180,000 b/d Rethink comes after downbeat economic data from China, […]

Crude Oil News

OPEC+ Close to Delaying Oil Supply Increase, Delegates Say

September 4, 2024 Stu Turley

Group had scheduled October production boost of 180,000 b/d Rethink comes after downbeat economic data from China, US OPEC+ is close to agreement on delaying a planned increase in oil production after prices plunged amid fragile […]

BRICS

African Joins BRICS

September 3, 2024 Andy Del Prado

Daily Standup Top Stories The Harsh Reality of the Global Energy Transition September 2, 2024 Stu Turley The energy transition, which has become a focus of governments around the world, is the global shift from fossil […]

Oil
Crude Oil News

Oil Rigs are where they were around COVID

September 2, 2024 Stu Turley

ENB Pub Note: This article is from Jeff Krimmel, LinkedIn. He has been a guest on the podcast with Michael Tanner on the Deal Spotlight, and we recommend following Jeff HERE: https://www.linkedin.com/in/jeffkrimmel/ US drilling rig […]

Crude Oil News

Saudi Arabia Expected to Cut Its Oil Prices to Asia for October

September 2, 2024 Stu Turley

Saudi Aramco is expected to cut the OSP of its crude oil for Asia in October. The cut is likely due to weaker refining margins in China and the wider Asian region. The decision could […]

Oil
Crude Oil News

Oil Prices Set for Monthly Decline as Demand Concerns Grow

August 30, 2024 Mariel Alumit

Uncertainty continues to dominate oil markets, although demand concerns appear to be overcoming supply shocks to push oil prices toward a monthly loss. Friday, August 30th, 2024 It’s been a volatile week for oil markets, […]

OPEC+
Crude Oil News

Oil Prices Drop as OPEC+ Looks to Increase Production in October

August 30, 2024 Mariel Alumit

OPEC+ will likely begin unwinding its production cuts in October, six OPEC+ sources told Reuters on Friday. If OPEC+ does decide to start the process of ramping up production in October, it will be largely […]

U.S. refiners
Crude Oil News

U.S. refiners scale back crude intake as fuel stocks swell

August 15, 2024 Mariel Alumit

U.S. petroleum refiners have trimmed crude processing rates in response to a rise in fuel inventories and a decline in refining margins since the start of 2Q 2024. Refiners’ gross inputs of crude and unfinished […]

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