OE Says India May Raise Fuel Prices in November
India may raise fuel prices moderately in November, a brief window to do so before crucial state elections early next year, Oxford Economics said.
OPEC's Smallest Member Rewrites Oil Law
African oil producer Equatorial Guinea will next week pass a new package of favorable terms for oil explorers.
Brent Oil Hits $110 as Supply Risks Mount
Oil prices surged as traders weighed rising Middle East tensions and supply risks.
USA Crude Oil Stocks Drop Almost 9MM Barrels WoW
Commercial crude oil stocks, not including the SPR, came in at 415.577 million barrels on October 9, the EIA's latest weekly petroleum status report revealed.
Carney Rallies Remain Vote in Alberta
Prime Minister Mark Carney urged voters in Alberta to reject separatism in a referendum next week.
IEA Agrees to Release of Outstanding 100MM Oil Barrels
The International Energy Agency said that member countries agreed to complete the release of 100 million barrels of oil that are still outstanding from an intervention in March.
When Will Global Gas Demand Peak?
GlobalData offered its view in a statement sent to Rigzone this week.
OPEC+ Meets on Sidelines of Saudi Conference
'The Ministers reviewed market conditions', a statement posted on OPEC's website said.
Currie Calls Brent 'Vibe Contract' Out of Step with Energy
The world's most important oil benchmark has become little more than a 'vibe contract', according to Wall Street veteran Jeff Currie.
China Builds Gas Buffer for Winter
China has stockpiled enough natural gas to meet winter demand, according to analysts.
Oil Prices Diverge as Supply Risks Mount
WTI surged 3% while Brent edged lower amid shifting shipping costs and tight global supplies.
Aramco CEO Warns Oil Squeeze is Serious
Globally, the squeeze on crude oil is serious, Aramco President and CEO Amin H. Nasser said.
Angola Seeks to Keep Oil Output Above 1MM Barrels a Day
Angola wants to keep crude production above 1 million barrels per day.
USA to Use Cold War Era Law to Expand Texas Refinery
Vice President JD Vance announced Trump administration plans to work with Delek U.S. Holdings Inc. to expand a refinery in Texas.
IEA Says UAE Oil Output Surged to Records in September
Oil output from the United Arab Emirates climbed to record levels last month, the International Energy Agency said.
Trump Touts 'Massive' Oil, Gas Exploration in Greenland
U.S. President Donald Trump said 'Massive Oil, Gas, and Mineral Exploration is getting ready to begin' in Greenland.
North Sea Production Emissions Fall for 6th Straight Year
The North Sea Transition Authority announced that emissions in the North Sea have fallen for a sixth consecutive year.
Container Ship Sinks in Strait of Hormuz
All 21 crew members were evacuated without injuries before the Singapore-flagged vessel sank.
Aramco's New China Refinery Venture Gets 1st Crude Cargo
Saudi Aramco and its local partners have received the first crude cargo for their new refining complex in China.
Oil Gains as Global Supply Risks Mount
Oil gained amid renewed supply disruptions, rising shipping costs and continued pressure on global fuel markets.
