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oil supply


Sunday, April 26, 2015
Al Ba?rah Oil Terminal
News

Iraq Will Export New Crude Grade in May After Setting Discounts

Iraq, OPEC’s second-biggest producer, will start exporting Basrah Heavy crude next month after offering discounts for the new grade in Europe, Asia and the

April 26, 2015
Total Views: 4

Thursday, April 23, 2015
satorp refinery
News

Saudi Arabia’s Solution to Global Oil Glut: Pump Ever More Crude

Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels and then pump even

April 23, 2015
Total Views: 39

Wednesday, April 22, 2015
Strong Demand to Rebalance Oil Market by Early 2016
News

Strong Demand to Rebalance Oil Market by Early 2016

Global oil demand is set to rise by 1 million or even 1.5 million barrels per day (bpd) in 2015, according to a range of

April 22, 2015
Total Views: 7

Wednesday, April 15, 2015
drilling texas land rig
News

Oil Trades Near 2015 High on Signs U.S. Shale Boom Is Easing

Oil traded near the highest price this year amid speculation a slowdown in the U.S. shale boom will ease the biggest supply glut since

April 15, 2015
Total Views: 2

Tuesday, April 7, 2015
al naimi saudi oil minister
News

Saudis Boost Oil Output While Standing Ready to Stabilize Price

Saudi Arabia, which increased oil production to 10.3 million barrels a day in March, is ready to bring stability to prices, said oil minister Ali

April 7, 2015
Total Views: 2

Sunday, April 5, 2015
houston refinery oil gas rob almeida
News

Record Gasoline Output to Curb Biggest U.S. Oil Glut in 85 Years

Refiners are poised to make gasoline at a record pace this year, keeping the biggest U.S. crude glut in more than 80 years from overflowing

April 5, 2015
Total Views: 10

Wednesday, March 18, 2015
front duke vlcc supertanker frontline
Maritime News

Saudi Crude Exports Up in January

Saudi Oil Minister Ali al-Naimi has said oil demand was growing and expected oil prices, which hit a near six-year low in January, to

March 18, 2015
Total Views: 3

Sunday, March 15, 2015
drilling texas land rig
News

Oil Slumps to Six-Year Low as U.S. Production Seen Filling Tanks

“We are seeing downside momentum now develop in the

March 15, 2015
Total Views: 4

Wednesday, March 11, 2015
Oil Market Shrugs Off Worries About Crude Stocks: Kemp
News

Oil Market Shrugs Off Worries About Crude Stocks: Kemp

Rebalancing is already under way in the oil market. On the supply side, there are some signs the surge in crude from U.S. shale plays is beginning to level out

March 11, 2015
Total Views: 1

Tuesday, March 3, 2015
euronav famenne vlcc
Maritime News

Glencore Sees ‘Blowout’ Year for Oil Trade as Volatility Surges

Glencore Plc, the world’s biggest listed commodities trader, said 2015 could be a boom year for oil amid the biggest price swings in six

March 3, 2015
Total Views: 2

Sunday, March 1, 2015
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News

Hedge Funds Continue to Bet Against the Price of Oil

“This tidal wave of crude oil is just too

March 1, 2015
Total Views: 13

Tuesday, February 17, 2015
Oil Rises as OPEC Producers Signal Optimism Over Market Recovery
Uncategorized

Oil Rises as OPEC Producers Signal Optimism Over Market Recovery

Oil extended three consecutive weekly gains in London as OPEC ministers signaled their confidence that the market can sustain its

February 17, 2015
Total Views: 3

Tuesday, February 3, 2015
BP CEO Sees No Hope of $100 Oil for ‘Long Time’ Amid Glut
News

BP CEO Sees No Hope of $100 Oil for ‘Long Time’ Amid Glut

BP Plc boss Bob Dudley is very bearish on the price of oil. He says this feels the same as 1986, when oil slumped from $30 a barrel to $10 and didn’t recover

February 3, 2015
Total Views: 12

vopak oil storage tanks
News

Vopak to Start Up Malaysian Oil Storage Facility

World's largest independent storage company Vopak will start operations at the first commercial crude oil tank farm in southeast Asia in March, a top company

February 3, 2015
Total Views: 153

Tuesday, January 20, 2015
oil storage tanks salalah
News

Oil Trades Below $47 as Rising U.S. Supplies Seen Expanding Glut

Oil traded below $47 a barrel as forecasts for rising U.S. crude stockpiles bolstered speculation that a global glut that spurred a price collapse may

January 20, 2015
Total Views: 1

Wednesday, January 7, 2015
stena forth drillship
News

Riskiest Oil Projects Crushed by Price Collapse

Dangerous and difficult oilfields that looked like goldmines when crude fetched more than $100 a barrel have turned into money pits as oil crashes to

January 7, 2015
Total Views: 8

Monday, January 5, 2015
oil storage tanks minah raysut salalah port
News

WTI Falls Below $50 a Barrel

West Texas Intermediate oil fell below $50 a barrel for the first time since April 2009 as surging supply signaled that the global glut that drove crude into a

January 5, 2015
Total Views: 1

Friday, January 2, 2015
Oil Trades Near 5-Year Low Amid Manufacturing Weakness
News

Oil Trades Near 5-Year Low Amid Manufacturing Weakness

Oil traded near its lowest closing price since mid-2009 amid signs of manufacturing weakness in Europe and

January 2, 2015
Total Views: 6

Wednesday, December 3, 2014
oil price brent crude world supply energy
News

Brent Crude Trades Near $70 as Traders Assess OPEC Decision

Brent crude traded near $70 a barrel, erasing earlier gains as traders evaluated the impact of OPEC’s decision to maintain output at last week’s meeting.

December 3, 2014
Total Views: 5

Sunday, November 30, 2014
fuel storage tanks
Maritime News

China Winning in OPEC Price War as Oil Hoarding Accelerates

China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles

November 30, 2014
Total Views: 4
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