Petroleum

Crude oil prices steady near multi-year highs

Crude oil prices hovered near multi-year highs on Thursday buoyed by dropping U.S. crude inventories and broadly shrugging off a…

4 years ago

Saudi first quarter GDP shrinks 3%, hit by oil sector decline

Saudi Arabia's gross domestic product fell 3% in the first quarter, slightly less than official estimates and compared with a…

4 years ago

Oil steady after sharp rise on improved demand picture

Oil prices were little changed on Thursday after strong gains in the previous two sessions on expectations for surging fuel…

4 years ago

Biden suspends Trump-era oil and gas leases in Alaska refuge

U.S. President Joe Biden's administration on Tuesday said it would suspend oil and gas leases that were handed out in…

4 years ago

OPEC+ seen sticking with supply plan with Iran’s oil yet to return

OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on Tuesday,…

4 years ago

Brent hits $71, highest since March, on demand prospects

Oil prices rose on Tuesday, with Brent hitting $71 and trading at its highest since March, as expectations grew for…

4 years ago

Oil steady as demand optimism offsets worries of Iranian supply

Oil was steady on Wednesday, trading in a narrow range, supported by optimism about improving U.S. fuel demand and a…

5 years ago

Top U.S. fuel pipeline recovering from devastating ransomware attack

After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of…

5 years ago

SIPEX 2021

Suriname International Petroleum & Gas Summit and Exhibition will go virtual this year as SIPEX 2021 - Virtual Connect SIPEX…

5 years ago

GIPEX 2021

Guyana International Petroleum Business Summit & Exhibition will go virtual this year as GIPEX 2021 - Virtual Edition GIPEX is the…

5 years ago