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oil supply

Tuesday, October 24, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock

IEA Predicts Global Oil Demand Peaking This Decade

(Bloomberg) — Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing

October 24, 2023
Total Views: 1533

Tuesday, March 28, 2023
president biden at climate summate

Biden Leaves Market And Military Unclear About Strategic Oil Reserve

The Biden administration’s inconsistent approach to the Strategic Petroleum Reserve (SPR) has raised concerns and intensified skepticism among oil

March 28, 2023
Total Views: 2427

Sunday, November 20, 2022
Oil Tanker Terminal Qingdao Port, China,

Oil Prices Continue To Slide After US Midterm Elections

By Julia Fanzeres (Bloomberg) Oil dropped the most in a week since April as the full weight of languishing Chinese demand and more economic tightening

November 20, 2022
Total Views: 6464

Friday, October 28, 2022
oil tanker photo

OPEC Expects Oil Demand Will Rise Until 2035

By Alex Lawler (Reuters) – OPEC is likely to maintain its view world oil demand will rise for another decade, longer than many other forecasters predict,

October 28, 2022
Total Views: 1462

Thursday, September 8, 2022
Guyana Oil Port

Guyana Ramps Up Oil Exports To Europe

By Marianna Parraga (Reuters) Oil producers in Guyana are boosting exports to European buyers seeking alternatives to Russian crude, according to vessel

September 8, 2022
Total Views: 3192

Thursday, July 7, 2022
Russian-flagged oil tanker Pegas docked in Greece

Black Sea Oil Port Halts On Russian Court Order

By Sherry Su (Bloomberg) A Russian court order to halt oil loadings from a port in the Black Sea has unnerved European crude traders already reeling from the

July 7, 2022
Total Views: 2273

Wednesday, June 29, 2022
India Forced To Ship In Diesel As Shortages Arise

India Forced To Ship In Diesel As Shortages Arise

By Elizabeth Low and Debjit Chakraborty (Bloomberg)– Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and

June 29, 2022
Total Views: 2476

Sunday, June 5, 2022
US May Allow More Iran Oil to Flow Even Without Deal

US May Allow More Iran Oil to Flow Even Without Deal

By Paul Wallace Jun 5, 2022 (Bloomberg) –The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear

June 5, 2022
Total Views: 1982

Sunday, April 24, 2022
Libya Says Armed Clashes at Key Oil Port Damaged Storage Tanks

Libya Says Armed Clashes at Key Oil Port Damaged Storage Tanks

By Hatem Mohareb (Bloomberg) –Libya’s state oil company said armed clashes at the western port of Zawiya have damaged several storage tanks, as a

April 24, 2022
Total Views: 1555

Saturday, March 12, 2022
U.S. Seizing Tankers Has Failed To Stop Iran’s Oil Exports, Minister Says

U.S. Seizing Tankers Has Failed To Stop Iran’s Oil Exports, Minister Says

March 12 (Reuters) – The U.S. seizure of Iranian tankers in recent months has not stopped sanctions-hit Tehran from increasing oil exports,

March 12, 2022
Total Views: 1120

Sunday, March 6, 2022
Ras Lanuf O&G facility

Libya’s Oil Production Drops as Political Crisis Deepens

By Hatem Mohareb and Salma El Wardany Mar 6, 2022 (Bloomberg) –Libya’s oil production has fallen below 1 million barrels a day, as the OPEC member

March 6, 2022
Total Views: 2388

Saturday, March 5, 2022
Oil tankers pass through the Strait of Hormuz

Russian Oil Ports Shutdown

(Bloomberg) Crude oil loadings in Russia’s Pacific port of Kozmino have been halted because of a storm that started Friday night, according to crude-pipeline

March 5, 2022
Total Views: 9304

Sunday, January 16, 2022
Ras Lanuf O&G facility

Libya Says Oil Output Back to 1.2 Million Barrels a Day

By Salma El Wardany (Bloomberg) –Libya’s oil production has picked up again after a blockade of its western fields ended and ports in

January 16, 2022
Total Views: 1029

Monday, August 30, 2021
Oil Edges Up as U.S. Gulf Producers Assess Damage After Ida

Oil Edges Up as U.S. Gulf Producers Assess Damage After Ida

By Sheela Tobben (Bloomberg) –Oil closed modestly higher Monday in New York as offshore explorers assess damage from Hurricane Ida and investors

August 30, 2021
Total Views: 861

Hurricane Ida Pummeled U.S. Gulf Coast Energy Suppliers

Hurricane Ida Pummeled U.S. Gulf Coast Energy Suppliers

By Liz Hampton and Erwin Seba HOUSTON, Aug 30 (Reuters) – Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the

August 30, 2021
Total Views: 1772

Saturday, August 28, 2021
Hurricane Ida Water Vapor Photo

Workers flee 90 Offshore Facilities As Extremely Dangerous Hurricane IDA Churns Toward Oilfields

(Reuters)-U.S. oil and gas companies on Friday cut more than 1.6 million barrels of oil production as a major storm churned toward oilfields that provide 17%

August 28, 2021
Total Views: 1127

Saturday, June 26, 2021
Oil tanker in Ningbo Zhoushan port

Reducing Oil Use To Meet Climate Targets Is Tougher Than Just Cutting Supply

By Stephanie Kelly (Reuters) Governments around the world have been slow to take uncomfortable decisions to persuade consumers to cut energy consumption to

June 26, 2021
Total Views: 1261

Thursday, February 4, 2021
ULCC TI Europe

2021 – Euronav Predicts Oil Freight Rate Weakness Will Continue All Year

by Charles Regnier (Reuters) – Belgium’s Euronav expects pressure on freight rates to continue until late 2021, the tanker operator said as it

February 4, 2021
Total Views: 2670

Tuesday, May 12, 2015

China Is Missing Ingredient in Oil’s Recovery From Six-Year Low

Oil bulls who’ve cheered a rebound of 40 percent from a six-year low should take heed: Unless demand accelerates, the rally is in

May 12, 2015
Total Views: 2

Tuesday, April 28, 2015
offshore oil gas platform rig

Traders Seen to be Underestimating Future Oil Prices

Oil traders are mispricing crude futures for later this decade because they’re underestimating how a collapse in spending will affect supplies, according to

April 28, 2015
Total Views: 6


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