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The Kazakh Ural, renamed KEBCO in June, is finding favour with European refiners in the Mediterranean.
The Kazakh Ural, renamed KEBCO in June, is finding favour with European refiners in the Mediterranean.
OPEC+ Members entrust the President with the task of bringing Members together in case of emergency to respond to market fluctuations.
OPEC+ Members entrust the President with the task of bringing Members together in case of emergency to respond to market fluctuations.
Faced with fears of a recession, OPEC+ decides to reduce its oil production. It returns to the August quotas.
Faced with fears of a recession, OPEC+ decides to reduce its oil production. It returns to the August quotas.
The Singaporean tanker Affinity V was refloated after briefly running aground in the Suez Canal in Egypt.
The Singaporean tanker Affinity V was refloated after briefly running aground in the Suez Canal in Egypt.
NNPC, Nigeria's national oil company, has a security contract with the company of former militant Tompolo. Nigeria is currently facing oil theft, which is partly responsible for the decrease in exports.
NNPC, Nigeria's national oil company, has a security contract with the company of former militant Tompolo. Nigeria is currently facing oil theft, which is partly responsible for the decrease in exports.
OPEC oil production in August recorded its highest level since the start of the pandemic. However, the organization is still unable to reach the promised quantities.
OPEC oil production in August recorded its highest level since the start of the pandemic. However, the organization is still unable to reach the promised quantities.
According to the OPEC report, demand for oil will be lower in 2023 than in 2022.
According to the OPEC report, demand for oil will be lower in 2023 than in 2022.
Subsea 7 signs long-term contracts with Petrobras for the Seven Waves, Seven Rio and Seven Sun pipelay support vessels (PLSVs), with firm three-year periods and deliveries scheduled by Q4 2022.
Subsea 7 signs long-term contracts with Petrobras for the Seven Waves, Seven Rio and Seven Sun pipelay support vessels (PLSVs), with firm three-year periods and deliveries scheduled by Q4 2022.
Growing demand for crude in China is pushing up the price of Russian crude via the ESPO pipeline to its highest level in 21 months. This is due to strong demand from Chinese refiners and the anticipation of new import quotas.
Growing demand for crude in China is pushing up the price of Russian crude via the ESPO pipeline to its highest level in 21 months. This is due to strong demand from Chinese refiners and the anticipation of new import quotas.
Earlier in the week, Aramco announced that it was lowering its oil prices in Asia. The outlook for US employment and the aftermath of Hurricane Ida are keeping the price of US barrels up in Asia. |Earlier this week, Aramco announced that it was cutting its oil prices to Asia. The outlook for US employment and the consequences of Hurricane Ida are keeping the price of US barrels up in Asia.
Earlier in the week, Aramco announced that it was lowering its oil prices in Asia. The outlook for US employment and the aftermath of Hurricane Ida are keeping the price of US barrels up in Asia. |Earlier this week, Aramco announced that it was cutting its oil prices to Asia. The outlook for US employment and the consequences of Hurricane Ida are keeping the price of US barrels up in Asia.

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