Crude Oil WTI Futures - Aug 22 (CLc1)

By Stephanie Kelly (Reuters) – Oil prices edged up in early trade on Friday, after sinking in the previous session as OPEC+ said it would stick to its planned oil output hikes in August and...

China’s crude oil imports have doubled from 2011 to 2021 and now account for 20% of global seaborne crude oil volumes. While China’s January to May 2022 seaborne crude oil imports are down 2.2% y/y, a...

The Biden administration on Thursday delayed the rollout of a proposed five-year offshore oil and gas development plan that had been promised by the end of the month, according to sources. Interior...

In a move that may boost the Indian hydrocarbon industry and bring more investments into the sector, the Union Cabinet on Wednesday decided to give marketing freedom to domestic crude oil producers,...

India’s cabinet on Wednesday approved a plan that would allow local crude producers to sell oil to private companies, a move that would help raise revenue of state-run producers such as ONGC and Oil...

With global inventories steadily falling and spare capacity eroding, the oil market resembles a geological fault line in which stress is quietly accumulating and will eventually be relieved by an...

An increasingly stretched OPEC and its allies on June 30 reaffirmed plans for a nominal 648,000 b/d production rise in August, as questions continued to swirl about how much crude oil the group will...

The Biden Administration could restrict all future federal offshore oil and gas drilling auctions to the Gulf of Mexico area, according to two anonymous Reuters sources, after the U.S. Department of...

Reuters with the news: Ecuador's government, indigenous leaders agree to a suspension of protests that roiled the Andean country for over two weeks, leading to severe oil production and exports...

Libya's National Oil Corporation statement: @page { size: 21cm 29.7cm; margin: 2cm } p { line-height: 115%; margin-bottom: 0.25cm; background: transparent } Oil production decreased as...