Oil prices are continuing to rise today, breaking new highs since the beginning of the pandemic, as traders look happy to squeeze every bullish cent out of Saudi Arabia’s production cuts
Search results
Halliburton to provide digital solutions for Kuwait Oil Company
Technologies to increase production in North Kuwait Integrated Digital Field
Argentina’s Vaca Muerta tight oil deposit is now producing at record levels, matching US well scores
The reserve’s oil output has not only rebounded to pre-pandemic levels but also reached a record high of 124,000 bpd in December 2020
Fujairah oil products stocks climb across board for first time in 8 weeks
Total inventory stood at 23.282 million barrels as of 1 February, up 7% from a week earlier and the highest since 4 January
Oil rises on US storage draw and stimulus hopes, OPEC+ forecasts
Oil prices rose on Wednesday as traders priced in crude inventory draws in the US, a Democrat push for a stimulus package in the US, and OPEC+ forecasts for supply deficits this year.
Little prospect of post-COVID-19 rebound for BP’s oil and gas investments, says GlobalData
GlobalData responds to BP’s Q4 2020 financial results
Oil rises on demand optimism and OPEC+ meeting
Oil prices are rising today on market optimism that oil demand will recover during 2021 and on anticipation of some positive notes from the day’s OPEC+ JTC meeting. The beginning of Saudi Arabia’s deeper output cuts are also assisting the oil price rise
Top oil and gas companies with operations in the Middle East leaving customers at risk of email fraud: Proofpoint study
90% of the top oil and gas companies are not proactively blocking fraudulent emails from reaching customers
Oil rises on US storage, the start of the deeper Saudi output cuts and confidence for OPEC+ compliance
Oil prices are rising on the first day of February, matching anticipation for Saudi Arabia’s additional output cuts. The rise is also assisted by declining US crude storages and hopes that OPEC+ compliance is solid