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Current Climate: Demand For Oil Will Peak By The End Of The Decade

This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability....…

Rosneft CEO says growth of global oil price inevitable due to shortage of investment

Oil demand keeps growing, having increased by 2.4 mln barrels per day to record 102 mln barrels per say in…

Only some OPEC nations and Russia have potential of long-term oil output growth — Rosneft

According to company's CEO Igor Sechin even despite the record crude oil supply of Middle Eastern countries the world…

Oil, gas to continue ensuring over 53% of energy demand by 2045 — Rosneft CEO

IEA currently projects global oil demand to rise by 2.4 mln barrels per day in 2030, reaching a new record…

Russia repels Ukrainian drone attack on Druzhba oil pipeline station -governor

...(Reuters) - Russian air defence units repelled a Ukrainian drone... and the Czech Republic. (Reporting by…

UPDATE 1-Russia repels Ukrainian drone attack on Druzhba oil pipeline station -governor

...(Adds context on pipeline, paragraphs 3-4) June 17 (Reuters.... (Reporting by Reuters Editing by Kevin Liffey and Frances Kerry) ......…

Russia repels Ukrainian attack on Druzhba oil pipeline facility -governor

...June 17 (Reuters) - Russian air defence units repelled a Ukrainian.... (Reporting by Reuters; Editing by Kevin Liffey) ......…

Cooking Pizza in Italy Is Costlier as Olive Oil Price Jumps

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Energy Shares Fall Even as Oil Prices Climb -- Energy Roundup

Energy Shares Fall Even as Oil Prices Climb -- Energy Roundup...…

United States CFTC Oil NC Net Positions: 155.1K vs previous 172.4K

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Hedge Funds Turn Bearish on Oil Again After OPEC-Driven Pause

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Exclusive-Guyana postpones offshore oil blocks auction to mid-August

...By Sabrina Valle HOUSTON (Reuters) - Guyana will postpone... President Bharrat Jagdeo told Reuters on Friday. The South…

Oil Futures Settle Sharply Higher, Gain 2.3% In Week

WASHINGTON (dpa-AFX) - Crude oil prices climbed higher on Friday amid hopes about higher refinery demand and on optimism the…

Oil futures gain more than 2% for the week

Oil futures climbed on Friday, with U.S. benchmark prices posting a gain of more than 2% for the week. “Chinese…

Production at Sakhalin oil and gas project restored — governor

Production is underway under Sakhalin-1 and Sakhalin-2 programs, Valery Limarenko stressed...…

Russia and Kazakhstan agree to extend oil transit to 2033: TASS

...June 16 (Reuters) - Russia and Kazakhstan have agreed to extend... through the country would amount to 10 million tonnes a year. (Reporting…

Talk of an interim U.S.-Iran nuclear deal is just ‘noise’, but has potential to ‘upset the oil applecart’

A full return of Iranian oil production would have a significant impact on the global market, analysts say, but isn’t…

US drillers cut oil and gas rigs for seventh week in a row - Baker Hughes

...(Reuters) - U.S. energy firms this week cut the number of oil......…

Baker Hughes data show a weekly decline in active U.S. oil-drilling rigs

Baker Hughes BKR on Friday reported that the number of active U.S. rigs drilling for oil fell by 4 to…

United States Baker Hughes US Oil Rig Count: 552 vs previous 556

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Russia, OPEC+ trying to minimize consequences of politically motivated decisions — Putin

The President noted that Russia was cooperating with those who speak sense and feel real concern for the health of…

All decisions in OPEC+ depoliticized — Putin

The organization's decisions are related to issues of economic reasonability, both for producers and for consumers, the President said...…

Ölpreise legen erneut zu

NEW YORK/LONDON (dpa-AFX) - Die Ölpreise haben am Freitag erneut zugelegt. Am späten Nachmittag kostete ein Barrel (159 Liter) der…

Russian oil product supplies redirected to Africa, Turkey, Asian-Pacific region — minister

"Hardly anyone gives up Russias petroleum products of high quality, apart from Europe and America," Nikolay Shulginov said...…

WTI steady amid global rate decisions, poised for a weekly gain

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OPEC+ preserved stability in energy markets, says Saudi energy minister

Prince Abdulaziz bin Salman Al Saud also underscored that, "OPEC has played the most active role in creating a special…

Oil prices edge lower, trimming weekly gain

Oil futures edge lower early Friday....…

Oil On Course For Weekly Gain On China Recovery Hopes

WASHINGTON (dpa-AFX) - Oil prices fell on Friday but were on track to snap a two-week losing streak on optimism…

Ölpreise auf Wochenhoch - Schwächerer Dollar stützt

Die Ölpreise bewegen sich am Freitag leicht nach oben. Im gestrigen Handelsverlauf kletterten die Notierungen auf ein Wochenhoch, …

Crude Oil Futures: Rebound lacks strength

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Ölpreise geben leicht nach

Die Ölpreise haben am Freitagmorgen einen kleinen Teil ihrer deutlichen Aufschläge vom Vortag abgegeben....…

Ölpreise geben leicht nach

SINGAPUR (dpa-AFX) - Die Ölpreise haben am Freitagmorgen einen kleinen Teil ihrer deutlichen Aufschläge vom Vortag abgegeben. Im frühen Handel…

Asian Stock Market: Dovish BoJ and monetary support from China uplift market mood, oil stabilizes

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Drilling Stocks Plunge on Bets for Oil Price Slump

Shares of onshore drillers have fallen steeply after a wave of recent rig idlings, which investors fear could signal a…

UPDATE 1-Oil set to snap two-week losing streak on China demand optimism

... in paragraph 8) By Stephanie Kelly and Sudarshan Varadhan June 16 (Reuters......…

WTI crude oil steadies below $71.00 as markets stabilize after volatile Thursday

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Latest Oil Prices, Market News and Analysis for June 16

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Singapores Non-Oil Domestic Exports Fall for Eighth Straight Month

Singapore's Non-Oil Domestic Exports Fall for Eighth Straight Month...…

WTI Price Analysis: Bulls pile into key daily resistance but hungry for more

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Oil, Banks, ECB, Consumers, and Ned Lamont

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Oil Futures Settle Sharply Higher

WASHINGTON (dpa-AFX) - Crude oil prices rose sharply on Thursday, buoyed by reports saying a jump in demand from Chinese…

U.S. oil futures climb back above $70, the highest finish in a week

Oil futures climbed on Thursday, buoyed by some signs of higher oil demand from China and strength in U.S. gasoline…

U.S. Oil Production Update: Trends, Concerns, And Outlook

As we approach the midpoint of the year, the U.S. is still tracking toward a new annual oil production record…

Oil servicers sweeten the pill

...NEW YORK (Reuters Breakingviews) - The approach of peak oil......…

Ölpreise legen zu - Dollar-Schwäche stützt

NEW YORK/LONDON (dpa-AFX) - Die Ölpreise sind am Donnerstag gestiegen. Am Nachmittag kostete ein Barrel (159 Liter) der Nordseesorte Brent…

Russia does not object to OPEC+ adjusting oil baseline - RIA

...June 15 (Reuters) - Russia does not object to OPEC+ revising its oil... the latest quotas than previously agreed. (Reporting by Reuters; Editing…

Marathon Reports Small Leak, Emissions at Texas Oil Refinery

Marathon Reports Small Leak, Emissions at Texas Oil Refinery...…

Changes At Oil Titan Shell As Shareholder Dividend Skyrockets, Exits Pakistan And Retail Markets

Shells shareholder woes stem from its valuation, which trades lower than its US counterparts....…

Gazprom Neft CEO says company complied with terms of voluntary output cut within OPEC+

It was announced in March 2023 that Russia would gradually cut output by 500,000 barrels per day from the level…

Valero Says Bad Weather Caused Excessive Pollution at Texas Oil Refinery

Valero Says Bad Weather Caused Excessive Pollution at Texas Oil Refinery...…