Brazil produced more than 1 billion barrels last year, the first time it has breached the 1-billion-barrel mark, Reuters reports,…
Browsing: Oil
The outbreak of a coronavirus in China that is now an international threat could cut oil demand by 260,000 bpd,…
Oil prices have risen sharply after the killing of a top Iranian general in Iraq. Analysts warned the action could…
Mexican state oil company Pemex has announced the biggest oil discovery in the country since 1987. The deposit in the…
Heir obvious to the Saudi throne, Crown Prince Mohammed bin Salman, mentioned that he agrees with US Secretary of State…
Repairs on the Khurais discipline and the Abqaiq processing facility could take a number of months moderately than the ten…
The United States is deploying military forces to the Middle East after Saturday’s drone attacks on major oil sites in…
Saudi Arabia needs its allies to imagine Tehran launched assaults on its oil amenities, although the one factor their proof…
Iranian President Hassan Rouhani mentioned latest drone assaults on Saudi oil infrastructure were a proportionate Yemeni response to years of…
The ongoing trade war with China is impacting many industries. Market volatility is being exacerbated by President Trump’s sample of…
Beijing has lastly unveiled its response to Washington’s newest tariffs, vowing to hike levies on $75 billion-worth of US exports…
A high US shale government stated that it could solely be the Midland basin within the Permian that may develop…
Chinese scientists have invented a honeycomb-style polypropylene material that may soak up oil from water extra cheaply and effectively than…
US Secretary of State Mike Pompeo has mentioned Washington believes Iran is behind the attack on two Japanese tankers in…
Oil has entered a bear market as fears of an financial downturn mount. The fundamentals look a lot tighter than…
South Korea’s largest vitality and chemical firm, SK innovation, has boosted oil shipments from Russia and different exporters to offset…
As tensions between Iran and the US proceed to escalate, analysts have begun to contemplate the chance and penalties of…
The United Arab Emirates has mentioned that 4 commercial ships had been hit by “sabotage” in its waters, hours after…