US supermajors forge ahead in key oil basins amidst global energy shifts.
May 06, 2024
Peace talks in the Middle East and renewed demand concerns dragged on futures prices for benchmark crudes.
May 06, 2024
Analysts warn of rising heavy crude oil prices and refining costs globally, potentially impacting summer shipping and road construction expenses.
May 04, 2024
The addition of West Texas crude, particularly West Texas Immediate (WTI) Midland, to the grades determining the price of Dated Brent has substantially improved the world's most crucial oil price.
May 04, 2024
Recent data from the Energy Information Administration (EIA) reveals a significant swing in crude stockpiles, with a build of 7.3MM bbl. for the week to Apr. 26, contrasting sharply with the previous week's draw.
May 04, 2024
The TMX project has entered commercial operations, marking a transformative milestone in the nation's energy landscape.
May 04, 2024
North Sea Energy Developments Amidst Political Challenges.
May 04, 2024
Saudi Arabia is anticipated to increase the price of its flagship Arab Light crude for Asia in Jun. to a five-month high, according to a Reuters survey of refining sources.
May 04, 2024
Asian oil buyers are closely monitoring Angola's increasing oil production following its departure from OPEC, anticipating greater supply flexibility amidst Middle Eastern uncertainties.
May 04, 2024
Despite enduring extended periods of negative natural gas prices at the Waha hub, Permian Basin producers remain resolute.
May 04, 2024