The US removed prohibitions for six months on oil exports from the Latin American country as well as new investments in its hydrocarbon sectors..
October 30, 2023
Data from the US EIA showed that the country's crude exports in the period surged by 19% on the year to 3.990MM b/d, with nearly half having gone to Europe.
October 24, 2023
While day-on-day decreases were seen on Monday and Friday, prices were supported on Tuesday through Thursday by concerns about potential supply disruptions due to the war in Israel and by inventory drawdowns in the US.
October 23, 2023
The news of attacks on Israel on Oct. 7 and then reports on Oct. 13 that Israel was conducting ground raids in the Gaza Strip resulted in sharp price spikes on Monday and Friday.
October 16, 2023
In the midst of global climate change and environmental degradation resulting from rapid industrialization, Guyana finds itself facing a paradox.
October 09, 2023
OPEC+ member nations, Saudi Arabia and Russia, have jointly announced their commitment to continue a combined supply cut of 1.3MM b/d until the end of 2023.
October 08, 2023
In the second quarter of 2023, publicly traded US oil companies increased their investments in capital expenditures (CAPEX) and mergers and acquisitions (M&A) while facing a decline in cash from operations.
October 08, 2023
In a remarkable development, Norway's Johan Sverdrup medium sour crude achieved a historic milestone by reaching an unprecedented premium against the benchmark Dated Brent on October 4th.
October 08, 2023
In recent reports, Saudi Arabia is at the center of attention as it continues to navigate the complex world of oil pricing, with its actions having a significant impact on global markets
October 08, 2023
In the latest Dallas Fed Energy Survey in the US, executives from 138 oil and gas firms were surveyed regarding their expectations for the impact of the ongoing energy transition on oil prices five years into the future.
October 08, 2023
