Global stocks of diesel and other middle distillates have fallen to the lowest seasonal level since 2008, when similar shortages of these transport and industrial fuels helped to propel oil Continue Reading
A guest post by Ovi Below are a number of oil, crude plus condensate (C + C ), production charts for Non-OPEC countries created from data provided by the EIA’s Continue Reading
Eni and BP have completed a deal to merge their oil and gas operations in Angola, the groups said on Friday, confirming what sources earlier exclusively told Reuters. The deal Continue Reading
World powers and Iran suspended their efforts to revive the 2015 nuclear accord, reigniting a crisis that’s set to impact already surging oil markets and potentially plunge the energy-exporting Persian Continue Reading
Negotiations in Vienna aimed at reviving the Iran nuclear deal were called off indefinitely Tuesday after a last-minute demand by Russia upended what diplomats had hoped was the final stretch Continue Reading
With all attention on the war in Ukraine, Libyan oil is once again coming under threat as the prospect of a renewed civil war intensifies amid the amassing of militia Continue Reading
Domestic airlines are currently groaning under acute scarcity of aviation fuel, popularly called Jet A1, with only few operators getting supplies from marketers. This is just as the Chief Executive Continue Reading
Russia urged India to deepen its investments in the sanction-hit country’s oil and gas sector, and is keen on expanding the sales networks of Russian companies in Asia’s third-largest economy. Continue Reading
Tourists on Easter Island in December 2017. Rapa Nui, also known as Easter Island, is a 14-mile-long triangle of land that sits 2,300 miles west of Chile, making it one Continue Reading
Venezuela’s oil output could rise by at least 400,000 barrels per day (bpd) if the United States authorizes requests by state-run PDVSA’s partners to trade Venezuelan crude, the country’s petroleum Continue Reading
