Russia exceeds OPEC+ May output target, vows to get back in line
Russia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in May and…
oil price
-
-
Easing lockdown leads to increased gasoline and distillates reserves
An analyst team from Exante, the international investment services company, has shared its outlook that the collapsing oil prices and quarantine…
-
Seismic industry to face big losses amid coronavirus, Rystad reports
The decline in exploration and production caused by the Covid-19 pandemic and record-low oil prices will cause the seismic industry…
-
Offshore Technology Focus: Issue 66
US President Trump’s recent decision to pull out of the Iran deal has, as expected, rocked the oil industry and…
-
Oil prices stable due to fall in US rig count
Oil prices have remained steady due to fall in US rig count and on increasing expectations that Saudi Arabia would…
-
Oil prices fall as another storm heads towards Gulf of Mexico
Oil prices have fallen as traders have remained cautious over a tropical storm Nate, which is advancing towards the Gulf…
-
Oil prices stable on hopes of possible output cut extension
Oil prices have remained mostly stable amid expectations that prominent oil producing countries Saudi Arabia and Russia can extend the…