Even though the conflict in the Middle East raged on, market participants were largely becoming less concerned about other oil-producing countries becoming involved.
November 05, 2023
Traders remained concerned about the possibility of supply disruptions due to the situation in the Middle East, but diplomatic efforts helped to ease some of the war jitters.
October 30, 2023
Saudi Aramco informed at least four North Asian refiners that full contractual volumes nominated for Nov. would be supplied.
October 30, 2023
The US removed prohibitions for six months on oil exports from the Latin American country as well as new investments in its hydrocarbon sectors..
October 30, 2023
Data from the US EIA showed that the country's crude exports in the period surged by 19% on the year to 3.990MM b/d, with nearly half having gone to Europe.
October 24, 2023
While day-on-day decreases were seen on Monday and Friday, prices were supported on Tuesday through Thursday by concerns about potential supply disruptions due to the war in Israel and by inventory drawdowns in the US.
October 23, 2023
The news of attacks on Israel on Oct. 7 and then reports on Oct. 13 that Israel was conducting ground raids in the Gaza Strip resulted in sharp price spikes on Monday and Friday.
October 16, 2023
In the midst of global climate change and environmental degradation resulting from rapid industrialization, Guyana finds itself facing a paradox.
October 09, 2023
OPEC+ member nations, Saudi Arabia and Russia, have jointly announced their commitment to continue a combined supply cut of 1.3MM b/d until the end of 2023.
October 08, 2023
In the second quarter of 2023, publicly traded US oil companies increased their investments in capital expenditures (CAPEX) and mergers and acquisitions (M&A) while facing a decline in cash from operations.
October 08, 2023
