home
>
related news
Oil prices down as virus resurgence in Asia blurs demand outlook
- Resumption of US major Colonial Pipeline after cyberattack eases supply fears, limiting further price falls
US oil rig count up by 8 for week ending May 14
- Number of US oil rigs rise by 60 compared to one year ago
Brent price down 0.72% for week ending May 14
- Brent prices rise today and reverse some of Thursday's sharp losses
Oil slides as Colonial pipeline restarts, high Covid-19 cases in India
-Oil extends loss on U.S. pipeline restart
Oil prices down as Colonial pipeline restarts
-Colonial announces pipeline restart, oil eases
US crude oil inventories fall for week ending May 7
- Commercial crude oil stocks decrease by 400,000 barrels, less than market expectation of 2.2 million-barrel fall
Global oil demand to surge 6% in 2021: IEA
- Recovery in global oil demand remains fragile as surging Covid cases in India, Thailand offset recent more positive trends in Europe, US
US energy agency revises down its oil price forecast
- International benchmark Brent crude is now estimated to average $62.26 per barrel in 2021
OPEC says global oil demand will increase 6% in 2021
- Crude output rises mainly in Nigeria, Iran, Saudi Arabia, but decreases in Venezuela: OPEC
home
>
related news
Oil prices down with cyberattack-induced demand curb in some US refineries
- Georgia-based Colonial Pipeline promptly shut down on Friday after ransomware hackers broke into some of its networks
Syrian regime favors its supporters for oil and gas investments
- Energy sector turns into cost for Syrian regime, as country moves from being exporter to being importer, expert says
Oil up as cyberattack forces closure of major fuel pipeline in US
- Prices also find support from easing of COVID-19 restrictions in US and Europe
US oil rig count up by 2 for week ending May 7
- Number of US oil rigs rise by 52 compared to one year ago
Brent price up over 2% for week ending May 7
- Hopes of oil demand rebound ahead of summer season help bullish oil prices while rising virus cases keep demand fears fresh
07.05.2021
Oil
Oil up on projected demand rise, positive US, China economic data
- However rising cases in key crude importer India continues to pressure prices
Big Oil's proven reserves to run out in less than 15 years
-Slumping discovery rates to threaten financing of big oil companies’ energy transition plans, says energy consultancy Rystad
Oil up as falling US crude stocks signal concrete oil demand recovery
- Terror attack on two oil wells in Iraq’s Kirkuk province supports rise in oil prices
US crude oil inventories fall for week ending April 30
- Commercial crude oil stocks increase by 8 million barrels, less than market expectation of 2.2 million-barrel fall
Militants attack oil wells in Iraq’s Kirkuk
- A number of security personnel killed, injured in attack
home
>
related news
Oil prices rally over boosted recovery hopes in US
- Country’s crude oil inventories are expected to decline by 7.7 million barrels, raising hopes of demand return
Oil price down as virus surge in India threatens demand
- Investors remain cautious despite hopes of a sooner recovery in major oil-consuming states from restrictions easing
IMF revises down Saudi economic growth to 2.1% for 2021
- Budget deficit widened to 11.3% of GDP in 2020 as oil revenues fell and expenditure needs increased
Iraq to invest $3 billion to prop up Basra Gas Company
- Iraq looks to boost its gas production for local power generation and also limit volume of gas lost to flaring
Oil down as demand falls in major oil importer India
- Adding to downward price pressure, OPEC+ countries began pumping more as of May 1 in line with their decision in April
Iran ships another 1.5M barrels of crude oil to Syria
- Last month, around 3 million barrels of Iranian crude oil had been sent to Bashar al-Assad's regions
Afghanistan: ‘Dozens of oil tankers burnt in Kabul’
- 10 persons injured after fire out at a fuel station spreading it to dozens of oil tankers
US oil rig count down by 1 for week ending April 30
- Number of US oil rigs rise by 17 compared to one year ago
Chevron posts $1.4 billion profit in 1Q21
- First-quarter net income of second-largest oil company in US plummets