Browsing: Macro & Financial

(Oil Price) – After two years of playing the role of OPEC+ model citizen, Saudi Arabia has decided it’s time to…

(Oil Price) – Lower oil and gas prices are expected to dent the second-quarter earnings at BP, despite higher output…

(World Oil)– With the producer club nearing the end of a first phase of jumbo output hikes, the market’s attention…

(BOE Report)– U.S. natural gas storage is on track to end the April-October summer injection season at a three-year low…

(Investing) – VIENNA -The world oil market may be tighter than it appears despite a supply and demand balance pointing to…

Russia’s revenue from crude oil and oil product sales declined by nearly 14 per cent year-on-year (YoY) in June, reaching…

Cape Town: Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa’s west coast,…

Bharat Petroleum Corporation Ltd (BPCL) will shut a crude unit at its 156,000 barrels-per day (bpd) Bina refinery in central…

New Delhi: India is preparing to explore nearly 2.5 lakh sq km of new offshore and onshore acreage under one…

(World Oil)– The American international oil and gas company Hess (Suriname II) Exploration Limited (Hess) will relinquish Block 59 in…