Oil Steadies After Two-Day Decline on Fading Middle East Risk
Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s producti...
BP Beats Estimates Despite Lower Oil Prices
Wedoany.com Report-Oct 29 ,FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter. On Tuesday, it posted an underlying replacement cost profit, used as a proxy for net ...
Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data
Wedoany.com Report-Oct 29, Oil steadied — after tumbling the most in more than two years on Monday — as the market focused on the prospect for easing hostilities in the Middle East and upcoming US e...
US Seeks Up To 3 Million Barrels Of Oil For Emergency Reserve
Wedoany.com Report-Oct 29,The U.S. on Monday said it is seeking up to 3 million barrels of oil for the Strategic Petroleum Reserve for delivery through May next year, a purchase that would leave the g...
China Aviation Oil Seeks Nov Jet Fuel Deliveries To China In A Rare Move, Sources Say
Wedoany.com Report-Oct 29,China Aviation Oil (CNAO.SI), a subsidiary of state-owned China National Aviation Fuel Group, is seeking to buy two cargoes of jet fuel for November delivery into Shanghai an...
UAE Become Top Destination For Saudi Arabia’s Non-oil Goods
Wedoany.com Report-Oct 28, Saudi Arabia’s neighbor UAE was the favorite destination for the Kingdom’s non-oil goods in August, with exports seeing a monthly rise of 10.42 percent to reach ...
Prima Rejuvenating Oilfield Offshore Indonesia
Wedoany.com Report-Oct 28,Prima Energy has kicked off a development drilling campaign aimed at boosting production from its mature Camar field offshore East Java, Indonesia. The Indonesian operator is...
South Korea Says It May Consider Additional Oil Tax Cut
Wedoany.com Report-Oct 28, South Korea is experiencing minimal economic impact following Israels retaliatory strike on Iran, but may consider a further reduction in fuel oil tax if global market volat...
India's Oil Demand May Revive Amid Festivals And Elections, Shows S&P Global Commodity Insights
Wedoany.com Report-Oct 26,Demand for oil products in India through the October-December quarter is expected to get a boost from festivals, agricultural activities, recovering from a few months of subd...
UK Likely To Unlock £10 Billion Worth Of North Sea Oil & Gas With Encouraging Fiscal Regime, Woodmac Finds
Wedoany.com Report-Oct 26, Given the rising focus on energy security, Wood Mackenzie, an energy intelligence group, has pointed out that the United Kingdom (UK) could get its hands on an additional &p...