Highlights Iraq, Kazakhstan submit plans to make up for overproduction OPEC+ still awaiting cut schedules from Nigeria, Angola Loading programs suggest cuts are in the works London — OPEC+ crude Continue Reading
Britain, France and Germany said on Friday they would not back U.S. efforts to unilaterally trigger the reimposition of United Nations sanctions on Iran, but said they wanted talks with Continue Reading
On the front lines, Iraq’s doctors are contracting the coronavirus by the hundreds, as a rising wave of infections threatens to crush the country’s health-care system. Medical staff who develop Continue Reading
The Chevron-led consortium that operates Kazakhstan’s largest oil field, Tengiz, is imposing production cuts in line with government legislation covering May-June and is not yet aware of additional restrictions for Continue Reading
China plans to accelerate purchases of American farm goods to comply with the phase one trade deal with the U.S. following talks in Hawaii this week. The world’s top soybean importer Continue Reading
China’s crude oil imports in May jumped to the highest in history ever, at 11.34 million bpd. There is growing tanker congestion in the waters around Chinese oil ports as Continue Reading
In a parched and dusty patch of land in California’s central valley, a series of wells has been pumping out some of the state’s dirtiest crude oil. Almost a century after Continue Reading
Oil exploration shrank for a 14th straight week in U.S. fields amid weak crude prices and skepticism about a recovery in energy demand. Drillers idled 10 oil rigs in onshore U.S. Continue Reading
Employers added jobs in 46 states last month, evidence that the U.S. economy’s surprise hiring gain in May was spread broadly across the country — in both states that began Continue Reading
Three months after roads emptied amid the coronavirus outbreak, U.S. traffic has rebounded to about 90 percent of pre-pandemic levels as states lift more restrictions, “quarantine fatigue” continues to take a toll Continue Reading
