U.S. Oil Company Hess Attempts To Load Crude From Libya Port
Hess may attempt to load a cargo of crude oil from Libya’s Es Sider port this week. If successful, the loading represents a glimmer of hope for oil-rich Libya who Continue Reading
Baghdad Asks Kurdistan To Cut Oil Production
The federal Iraqi government has asked the Kurdistan Regional Government to reduce oil production by 120,000 bpd, Reuters reported , citing the Iraqi News Agency. The federal government is negotiating Continue Reading
Trump Hints At Saudi Participation In UAE,-Israel Peace Deal
The historic diplomatic deal between Israel and the United Arab Emirates that was announced on August 13 added yet another layer of difficulty to the geopolitical relations in the Middle Continue Reading
IRAQ DATA: Aug crude output falls, but SOMO says KRG caused OPEC+ non-compliance
Highlights Iraqi production, including KRG, averaged 3.578 mil b/d Quota, including compensation cut, was 3.404 mil b/d SOMO says KRG only 79% compliant with agreed cut London — Iraq lowered Continue Reading
Saudi Aramco Is Now Suffering The Consequences Of A Failed Oil Price War
It was evident to anyone with even half a brain that the last Saudi-instigated oil price war would end in abject failure for the Saudis , just as the previous Continue Reading
Turkey Eyes Libya Upstream
Turkey is in talks over oil and gas exploration in Libya. (Bloomberg) — Turkey is in talks over oil and gas exploration in Libya, as President Recep Tayyip Erdogan’s administration Continue Reading
Summary of Weekly Petroleum Data for the week ending September 4, 2020
Summary of Weekly Petroleum Data for the week ending September 4, 2020 U.S. crude oil refinery inputs averaged 12.8 million barrels per day during the week ending September 4, 2020 Continue Reading
The Nine Key Points In Biden’s Energy Strategy
Democratic presidential candidate Joe Biden has laid out an ambitious energy plan. His campaign has released nine key elements of Biden’s plan for a Clean Energy Revolution and Environmental Justice Continue Reading
What Possible Disruption Is Coming That Requires China To Start Massive Stockpiling Of All Possible Commodities
Today is like one of those rare occasions when the Broadway understudy for a leading role finds out that the star has the ‘flu (not Covid-19) and so they get Continue Reading
US Unemployment Benefits Filings Failed to Decline as Expected Last Week
Applications for U.S. state unemployment benefits held steady last week, a sign extensive job losses are persisting as the nation struggles to control the coronavirus. Initial jobless claims in regular state Continue Reading