News wire — Oilfield services provider Baker Hughes said on Tuesday it has received an order to supply equipment for…
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Houston — Top oilfield services firm SLB reported a 14% rise in first-quarter profit on Friday, in line with analysts’…
London — OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively…
Singapore — Top oil exporter Saudi Arabia may raise the official selling price (OSP) for flagship Arab Light crude in…
London — Global petroleum inventories are only slightly below the long-term seasonal average but futures prices have already moved into…
Dubai — Oil producer group OPEC said on Wednesday it was encouraged by a commentary from the International Energy Agency…
London — A push to replenish depleted oil stocks notably in China, the United States and Europe could buoy…
London — Saudi Arabia’s cut in official crude oil selling prices to Asia reflects weaker fundamentals of supply and demand,…
London — OPEC oil output rose in December, a Reuters survey found on Friday, as increases in Iraq, Angola and…
London — OPEC on Wednesday said it remained cautiously optimistic about 2024 oil market fundamentals and blamed “exaggerated concerns” about…