September 3 2022 🕓 2 min
G7 agrees to cap Russian oil prices
G7 finance ministers and central bank governors agree to impose a price ceiling on Russian oil and petroleum products.
Tag: crude oil
Audio article 
August 27 2022 🕓 3 min
Yemen faces the possibility of ecological disaster
The oil tanker Safer is stranded off the coast of Yemen. The UN is trying to raise $80 million to remove it. The private sector must help.
August 22 2022 🕓 2 min
Crude oil is down 30.56% from June’s top
Crude has declined more than 30% in two months. Iran's nuclear deal seems to be very close to an agreement.
August 16 2022 🕓 2 min
Oil down by 5% due to China and Iran
Demand for oil in China is lower in a year-to-year comparison. Iran's nuclear deal could be reality in the near time.
August 15 2022 🕓 2 min
Saudi Aramco increased year-on-year profit by 90%
Like other oil companies, Aramco benefits from higher oil prices and refinery margins. Demand for oil is expected to continue to grow.
August 8 2022 🕓 3 min
Crude oil seeing the biggest drop since April
The fear of economic slowdown and high inflation hurt demand. The price of Crude Oil declines and the weekly change of open interest thus raises.
August 4 2022 🕓 2 min
Venezuela’s oil export drops by almost 30%
Compared to June, Venezuela's exports fell by almost 30% in July. This is mainly due to power outages and lack of investment.
Audio article August 2 2022 🕓 3 min
Big pressure on oil prices with OPEC on Wednesday
Significant pressure on production numbers can spark a turbulent week for crude oil. All eyes are on the OPEC+ meeting on Wednesday.
August 2 2022 🕓 2 min
BP posts highest profit in 14 years
BP, like other oil and gas firms, is among the record earnings growth leaders. The company is raising its dividend thanks to record results.
August 1 2022 🕓 2 min
Shell doubles its adjusted net profit in the second quarter
Shell's performance was mainly driven by high oil prices, refinery margins and good gas trading results. Still, it has faced criticism.
July 26 2022 🕓 3 min
Iran’s oil export revenues up 580%
Iran's revenues from crude oil and condensate exports have increased 580% in the first four months of the current Iranian year, which starts on March 21.
July 24 2022 🕓 3 min
Saudi Arabia has plans to increase export capacity
Saudi Arabia plans to increase export capacity by up to one million barrels of oil per day. This is to be done by 2030.