Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from crude oil

Saudi Oil Exports Reach $25.5 Bln in Oct.

The value of Saudi oil exports during October 2022 reached 95.8 billion riyals ($25.5 billion), compared to 82.1 billion riyals ($21.9 billion) during October 2021, with an increase of (14 billion riyals), a percentage of 17. According to the General Authority for Statistics (GASTAT), oil exports represented 77.5 percent of…

Asharq Al-Awsat

Crude oil prices continue to fluctuate due to the protracted Russia-Ukraine war and Russian oil price cap

Global political and economic directions shifted as soon as Russian President Vladimir Putin ordered the invasion of Ukraine under a “special operations” mission on 24 February 2022.

Bangkok Post

Saudi Oil Exports Hit 30-Month High in October

Saudi Arabia’s crude oil exports rose for a fifth straight month in October to the highest in 30 months, the International Energy Forum (IEF) said on Monday, citing data from the Joint Organizations Data Initiative (JODI). Crude exports rose about 0.7% to 7.773 million barrels per day (bpd) in October,…

Asharq Al-Awsat

From analysis to the latest developments in health,
read the most diverse news in one place.

Oil Stocks Mixed, Prices Up As U.S. Shifts From Sell To Buy In Oil Markets

Oil stocks were a mixed bag Monday as the DOE shifted its SPR strategy.

Investors Business Daily

Oil Exports Up 13% in Oman by late October 2022

Oman’s production of crude oil and condensate oil increased by 10.4 percent to reach 323.73 million barrels by late October 2022 compared to October 2021, according to the data published by the country’s National Center for Statistics and Information. Crude oil production alone increased by 14.1 percent, while oil condensate…

Asharq Al-Awsat

Keystone pipeline partly reopens after oil spill

New York (AFP) - Canada's TC Energy has restarted a portion of the Keystone Pipeline, which was shut down last week following a large spill of heavy crude oil in Kansas.

AFP

Company reopens most of pipeline following Kansas oil spill

The operator of a pipeline with a large onshore crude oil spill has reopened all of it except for the stretch in Kansas and northern Oklahoma that includes the site of the rupture

The Independent UK

Read news from The Economist, FT, and more,
with one subscription

Keystone Pipeline ran at heightened pressure before Kansas oil spill, cause still unknown

A special exemption from 2017 allowed the Keystone Pipeline to operate at pressures above the standard for crude oil transport, a report from the federal government shows. The exemption is receiving new scrutiny following last week’s oil spill in northern Kansas, the largest in the pipeline’s history.

Tribune News Service

Prima to expand fleet of vessels

SET-listed Prima Marine, a provider of marine transport and crude oil and petroleum product storage, is expanding its fleet of vessels to serve growing demand for transport services in Southeast Asia.

Bangkok Post

Company starting to recover oil from Kansas pipeline spill

The company operating a pipeline that leaked about 14,000 bathtubs’ worth of crude oil into a northeastern Kansas creek is recovering at least a small part of it

The Independent UK

2 Oil and Gas Stocks to Add to Your Portfolio Now

The energy industry seems to be at crossroads, given the prospects of demand-supply dynamics. Analysts expect the prices to surge and see continued outperformance in the upcoming months. Hence, quality oil and gas stocks PBF Energy Inc. (PBF) and Adams Resources & Energy, Inc. (AE) might be solid additions to…

StockNews.com

Keystone has leaked more oil than any other pipeline in US since 2010

Last week’s oil spill in Kansas means that TC Energy Corp.’s Keystone pipeline has now leaked more crude oil than any other conduit on U.S. land in the past 12 years.

Tribune News Service

Why does Biden want to buy Venezuelan oil again?

The fix is in. During the Thanksgiving holiday, the Biden administration announced it was quietly reversing policy and allowing limited petroleum imports from Venezuela. The Treasury Department lifted restrictions permitting a six-month deal to ease sanctions so that Chevron petroleum may buy and then ship Venezuelan crude oil to American…

Bangkok Post

Guyana opens bidding for offshore oil blocks

Georgetown (Guyana) (AFP) - Guyana's President Irfaan Ali on Friday opened bidding for the exploitation of offshore oil blocks in the tiny country, which has the world's highest reserves of crude oil per capita.

AFP

Get all your
news in one place.

100’s of premium titles.
One news app.

Asharq Al-Awsat

Aramco, Shandong Energy Collaborate on Downstream Projects in China

Saudi Aramco and Shandong Energy Group are exploring collaboration on integrated refining and petrochemical opportunities in China, the Saudi Arabian Oil Company said in a statement on Friday. The companies have signed a Memorandum of Understanding (MoU) which includes a potential crude oil supply agreement and chemicals products offtake agreement,…

Asharq Al-Awsat

Saudi Arabia, China Affirm Importance of Stable Global Oil Markets

Saudi Arabia and China reaffirmed the significance of stability in global oil markets and the Saudi role in that, a joint statement said on Friday, following Chinese President Xi Jinping's visit to the Kingdom. "The People's Republic of China welcomed the Kingdom’s role as a supporter of the balance and…

Tribune News Service

14,000-barrel oil spill in Kansas temporarily shuts down Keystone Pipeline

An estimated 14,000 barrels of crude oil spilled from the Keystone Pipeline into Mill Creek near the city of Washington, Kansas, on Wednesday night.

StockNews.com

3 Stocks That Stand to Benefit from the Ongoing Energy Crisis

Despite the recent retreat in oil and gas prices from their peaks, a surge in demand due to the onset of a chilly winter in the U.S. and Europe and the reopening of China’s economy could boost oil and gas prices significantly. Therefore, we think it could be wise to…

Get all your
news in one place.

100’s of premium titles.
One news app.

StockNews.com

4 Oil and Gas Stocks to Buy Before the Winter Freeze

The oil and gas industry benefited from the rising crude oil process earlier this year thanks to the sanctions on Russian oil exports and production cut by OPEC+. While oil prices recently declined to pre-war levels on economic jitters, rising energy demand in winter should benefit Marathon Petroleum (MPC), Valero…

StockNews.com

The 2 Most Aggressive Energy Stocks to Buy Right Now

The oil and gas market is expected to remain tight, and analysts project prices will surge further in 2023. Amid this, investors should consider buying energy stocks Valero Energy (VLO) and Adams Resources & Energy (AE), which have gained significant momentum this year. Read on….

AFP

Turkey seeks proof of insurance from Russian oil tankers

Istanbul (AFP) - Turkey said Wednesday it has started requesting proof of insurance from tankers loaded with Russian crude oil after Western powers imposed a price cap to punish the Kremlin for its war on Ukraine.

The Street

You Won't Believe How Low Gasoline is Likely to Go

Gasoline prices are falling sharply with the national average price targeting even more declines by Christmas.

AFP

China's Xi to visit Saudi Arabia from Wednesday: Saudi state media

Riyadh (AFP) - Chinese President Xi Jinping will make a three-day visit to Saudi Arabia this week, meeting the king and de facto ruler of the world's biggest oil exporter, Saudi state media reported on Tuesday.

Asharq Al-Awsat

Saudi Aramco Drops January's Arab Light Prices for Asia

Aramco announced that Saudi Arabia has dropped the January official selling price (OSP) for its flagship Arab Light crude for Asian buyers to a 10-month low. The price is $2.20 a barrel below official selling prices for December, so the demand outlook remains fragile. The largest oil exporter set the…

Asharq Al-Awsat

Oil Prices Climb after Russian Crude Sanctions Kick in

Oil rebounded on Tuesday after plunging by more than 3% in the previous session, as the implementation of sanctions on Russian seaborne crude oil eased concerns about oversupply while the relaxing of China's COVID curbs bolstered the demand outlook. Brent crude futures had gained 85 cents to $83.53 a barrel…

1 … 45 46 47 48

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.