Oil demand concerns overdone, Brent to rise above $70/bbl: Goldman Reuters IndiaHigher oil demand coupled with declining production and supply cuts could help Brent prices rally above $70 per barrel in the near term, Goldman Sachs said. Read mor …
Saudi Aramco shifts strategy in China to boost oil sales ReutersRising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and ... Read more https://www.re …
Venezuela's Jose oil terminal resumes shipments after blackout: sources, data ReutersVenezuela's main oil export terminal, Jose, has resumed operations and a shipment of crude for export left its docks for the first time since a blackout halted …
Over 50 missing in Nigeria after Nembe Trunk oil pipeline blast: AP ReutersMore than 50 people are missing after a leak from the Nembe Creek Trunk Line oil pipeline caused an explosion on Friday in Bayelsa state in southern Nigeria, ... Read mor …
Libya's top oilfield could restart at 80,000 bpd: engineer ReutersWorkers at Libya's El Sharara oilfield are ready to resume production with an initial output of 80000 barrels a day but are still waiting for approval from state oil ... Read more …
Goldman Sachs says near-term oil view modestly bullish on tightening market Reuters(Reuters) - The near-term outlook for oil is modestly bullish as the market continues to tighten significantly, Goldman Sachs said on Monday, helped by the ... Re …
Goldman Sachs says near-term oil view modestly bullish on... Reuters(Reuters) - The near-term outlook for oil is modestly bullish as the market continues to tighten significantly, Goldman Sachs said on Monday, helped by the ... Read more https: …
Eastern Libyan forces hand El Sharara oilfield to oil guards Reuters UKEastern Libyan forces handed over control of the El Sharara oilfield to an oil security force, officials said on Tuesday, in a bid to encourage state oil firm NOC to ... Read …
U.S. shale executives predict oil production constraints to remain ReutersDrilling curbs by oil producers in the largest U.S. shale field will continue until transport bottlenecks ease and investors stop punishing companies for increasing ... Re …
Saudi's Oil Policy - 'Fool Me Twice, Shame On You' Seeking AlphaThe Saudis won't be fooled again. March production/export figures indicate Saudis have no intention to fill the Venezuela void in the short-term. Saudi is also. Read more https://se …