Extractive 360
All posts tagged "oil price"
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132INTERNATIONAL NEWSGlobal Oil Demand Hits Record, Prices May Climb – IEA
Global oil demand has surged to a record amid robust consumption in China and elsewhere, threatening to push prices higher, the International...
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306NEWSNigeria, Russia Accounts For OPEC+ Biggest Oil Production Drop In 10 Months
OPEC+ producers saw the biggest decline in their collective production in 10 months, in March, as output fell by 680,000 barrels per...
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534FEATURESCan A Buyers Cartel Challenge OPEC?
By Irina Slav for Oilprice.com Italy’s former PM, Mario Draghi, suggested it first, then U.S. Treasury Secretary, Janet Yellen took up the...
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311INTERNATIONAL NEWSEU Agrees On $60/bbl Cap On Russian Oil In Revenue Reduction Efforts
The European Union (EU) has agreed to cap Russian seaborne oil prices to other destinations at $60/bbl. The deal was made after...
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361NEWSOil Falls Further As Concerns Grow Over Global Economy, China’s COVID Cases
Oil fell sharply on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state...
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372INTERNATIONAL NEWSSaudi Arabia Says OPEC Could Cut Output To Tackle Oil Slump
OPEC leader Saudi Arabia said that OPEC stands ready to cut production to correct a recent drop in oil prices caused by...
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359NEWS
Oil Prices Fall In Volatile Trade On Recession Fears
Oil prices fell in volatile trading on Wednesday, extending Tuesday’s heavy losses as growing fears of a global recession outweighed supply concerns....
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333NEWS
Oil Rise To $121.76 Per Barrel Despite US Inventories
Oil prices rose on Wednesday, despite a likely rise in U.S. oil stocks, on the easing of Chinese COVID-19 related lockdowns and...
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514NEWSNigeria’s Crude Oil Reserve Increases To 37bn Barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s oil and condensate reserves status as at Jan. 1, 2022 is 37.046...
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343NEWS
Russia eyes Asia for oil exports as Europe turns away
As European countries look to wean themselves off of Russian energy, Moscow is looking to fill at least part of the gap...