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Monday, 31 December 2018 06:26

US October Crude Oil Production Tops Record

U.S. crude oil output hit an all-time high of more than 11.5 million barrels per day in October, according to…
Oil prices rose more than 2 percent on the final day of the year, mirroring gains in stock markets, but…
Thursday, 27 December 2018 08:48

Oil Production Starts at Yaro-Yakhinskoye

PAO NOVATEK announced Thursday that commercial crude production has begun at the Yaro-Yakhinskoye field developed by Arcticgas, a joint venture…
Thursday, 27 December 2018 03:54

Oil Slips Back Toward 18-month Lows

Oil prices fell on Thursday after rebounding 8 percent in the previous session, as worries over a glut in crude…
Thursday, 27 December 2018 02:36

Indonesia Grants New Oil Blocks Contracts

Indonesia has announced the winner of its third bidding round that will operate oil and gas blocks in three locations,…
Wednesday, 26 December 2018 09:36

Oil Surges 8% After Steep Slide

Oil surged on Wednesday, posting its strongest daily gain in more than two years in a partial rebound from steep…
Wednesday, 26 December 2018 02:41

Oil Rises to $51 After Steep Slide

Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic…
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West…
Oil fell on Monday, in line with another decline across global stock markets, which came under pressure from concern about…
Oil prices fell about 3 percent on Thursday, hitting their lowest in more than a year on worries about oversupply…