News

October 4, 2021

World’s Largest Oil Trader: OPEC+ Continues To Call The Shots On Oil Prices

OPEC+ will remain the leading factor in oil price movements in the next few months, a senior Vitol executive told the media, as quoted by Bloomberg. […]
September 28, 2021

JPM, Barclays, And Citigroup Are Betting Big On Arctic Oil

Oil and gas companies are set to ramp up production in the Arctic by 20 per cent in the next five years, according to a new […]
September 28, 2021

16 Percent Of Crude Oil Production In Gulf Of Mexico Still Offline: BSEE

The aftermath of Hurricane Ida is still curtailing U.S. crude oil production, with 16% of crude oil production in the Gulf of Mexico still offline as […]
September 28, 2021

Iran And Venezuela Strike Oil Swap Deal

Iran and Venezuela have struck a deal to swap heavy Venezuelan crude for Iranian condensate, Reuters has reported, citing unnamed sources familiar with the deal. According […]
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