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US crude oil inventories rose for week ending Jan. 15
- Commercial crude oil stocks decrease by 4.4 million barrels, against market expectation of 300,000 barrel draw
Brent oil price down 0.18% for week ending Jan. 22
- US higher stimulus package boosts rises limited by negative vaccination results of elderly and China's virus resurgence
Keystone XL pipeline in political gridlock again
- Canada-US pipeline extension is in limbo as it once again becomes political tool in fight against climate change
Israel concerned over Biden’s stance on Iran, Palestine
- Israeli newspaper lists 11 Jewish-American officials tapped for top positions in new US president’s administration
22.01.2021
Middle East-Africa
S. Arabia becomes largest oil supplier to China in 2020
- Saudi's oil exports to China amounts to approximately 1.69 million barrels per day in 2020, up 1.9% year over year
Oil down over estimated rise in US stocks
-Fueling weak demand fears, US crude oil inventories are forecast to rise by over 2.5 million barrels, API figures show
Biden signs 15 orders in sweeping erasure of Trump acts
- President describes efforts as 'starting points,' saying his policy agenda is 'bold and vital'
US sanctions Nord Stream 2 pipelaying vessel "Fortuna"
- US has long opposed the project, claiming it would threaten Europe's energy security
Trump hails record of no new wars while in office
- Outgoing president issues farewell address, extending wishes to new administration without naming Biden
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Venezuela denounces US court ruling over Citgo
- Government rejects decision to order sale of Venezuelan oil company, which has sixth-largest refinery network in US
Iran-EU tensions reach fever pitch over nuclear program
- UK, Germany and France warned Iran against starting work on uranium metal-based fuel
US adds two Chinese companies to black list
- Chinese National Overseas Oil Corporation added to economic list, Skyrizon to military end-user list
Ecuador secures historic deal with US development bank
- Funds set to alleviate country’s longstanding debt with Asia and boost its economy amid COVID-19 pandemic
Total announces fourth oil discovery offshore Suriname
- Discovery at Keskesi East-1 well follows previous discoveries at Maka Central, Sapakara West and Kwaskwas in same region
US crude oil inventories fall for week ending Jan. 8
- Commercial crude oil stocks decrease by 3.2 million barrels, more than market expectation of 2.7-million barrel draw
US energy agency revises up oil price forecast
- Brent expected to increase by 8.59% in 2021, according to Energy Info. Administration's January Short-Term Energy Outlook
Venezuela condemns US policy of seizing fuel shipments
- Social media exchange between Venezuelan foreign minister and top US diplomat reflects tense relations between governments
Turkey launches trade center in Chicago
- Country wants to expand Turkish exporters' network, creating new business opportunities in US
US oil rig count rises by 8 for week ending Jan. 8
- Oil rigs increase by 8 to 275, from 267 the previous week
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Biden rolls out stimulus plan, names economic team
- President-elect says 'anxiety and fear of' everyday workers remind him of economic crisis he helped lead US out of in 2009
Iran oil revenue down over 50% since 2018: Central Bank
- Country has been suffering strict sanctions since 2018 after US withdrawal from 2015 nuclear deal
Iran to uphold right to regain lost oil market share
- New US Administration could alleviate economic sanctions on Iran but this would require strict nuclear deal compliance
Oil up on inventory fall, protests in US
- Commercial crude oil stocks decrease by 8 million barrels against market expectation of 1.5-million barrel fall
US crude oil inventories fall for week ending Jan. 1
- Commercial crude oil stocks decrease by 8 million barrels, more than market expectation of 1.5-million barrel draw
US: 4 deaths after pro-Trump supporters storm Capitol
- 3 new deaths result of 'separate medical emergencies' police say as at least 52 people arrested
07.01.2021
General
Trump officials resign after rioters storm Capitol
- More resignations may follow, including White House National Security Adviser Robert O'Brien
07.01.2021
Americas
Twitter locks Trump's account for 12 hours over posts
- Microblogging website says penalty could be extended and warns future violations will lead to a ban
07.01.2021
Americas
UK, France, Germany ‘concerned’ over Iran nuclear enrichment
- Commencement of uranium enrichment up to 20% violates Iran’s commitments under nuclear deal, says joint statement