Reliance Industries to swap diesel for Venezuelan crude oil. Although US oil sanctions imposed on Venezuela in January 2019 have no direct secondary component, oil companies such as Reliance Industries (RIL) that have a significant US presence have curtailed their commercial ties with the Opec nation. Friday, August 09, 2019 Saudi Arabia plans to keep oil exports below 7MMbpd next month as OPEC's biggest producer allocates less crude than customers demand in a bid to stabilize the market. Freight charges to ship oil in very large crude carriers from the Middle East, which is home to the largest OPEC producers, to China, the world's top crude oil importer, nearly doubled overnight. World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals Oil falls but prices still elevated after attacks on Saudi facilities. Asia trades lower after oil prices jump 14% amid rising geopolitical tensions. This subgroup is poised to benefit most from the crude oil surge, experts say. CNBC's full interview with Chevron CEO Wirth and his reaction to Saudi Arabia oil attack.
Friday, March 13, 2020 Just last week, when crude oil prices fell to $46 a barrel, the mayor of the biggest city in the world's largest shale oil patch seemed oddly calm, almost relieved. OPEC+ World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals Two weeks after the historic first draw of crude oil in the Stabroek Block, offshore Guyana, production stood at approximately 500,000 barrels.
3 Mar 2020 In 2019, New Mexico set a new oil production record for the third consecutive year, growing by 749,000 b/d since 2010. In the Offshore Federal 13 Feb 2020 Oil demand in China, the world's second-largest crude consumer, in Louisiana and Phillips 66's 285,000-bpd Bayway refinery in New Jersey. Complete news coverage about the Oklahoma energy industry and Oklahoma Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. 9 Mar 2020 OPEC and other oil-producing nations failed to reach an agreement countries and reducing the demand for crude oil since late February, Crude Oil Production in New Zealand remained unchanged at 23 BBL/D/1K in September from 23 BBL/D/1K in August of 2019. Crude Oil Production in New
Friday, August 09, 2019 Saudi Arabia plans to keep oil exports below 7MMbpd next month as OPEC's biggest producer allocates less crude than customers demand in a bid to stabilize the market. Freight charges to ship oil in very large crude carriers from the Middle East, which is home to the largest OPEC producers, to China, the world's top crude oil importer, nearly doubled overnight. World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals Oil falls but prices still elevated after attacks on Saudi facilities. Asia trades lower after oil prices jump 14% amid rising geopolitical tensions. This subgroup is poised to benefit most from the crude oil surge, experts say. CNBC's full interview with Chevron CEO Wirth and his reaction to Saudi Arabia oil attack.
6 Dec 2019 Crude oil jumps as OPEC+ confirms deeper oil production cut. Dec. 6, 2019 7,865 people get USO breaking news and analysis by email alert. 27 Nov 2014 The price of light crude, the U.S. benchmark, plunged about 7% to The lack of action is bad news for oil-producing countries like Russia, 17 Sep 2019 Crude prices abruptly fell nearly 6 percent Tuesday prior to the news conference on reports that indicated Saudi Arabia, the world's swing oil