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Industry News
Brent crude future breaches $70 mark after Saudi oil facilities attacked
Oil

Brent crude future breaches $70 mark after Saudi oil facilities attacked

International benchmark Brent crude futures surpassed the $70 mark after Yemen’s Houthis rebel targeted Saudi Arabia’s oil facilities. Brent crude…

08 Mar 2021
05 Mar 2021

OPEC ministers maintain oil supply cuts for price recovery

Ministers of the Organisation of the Petroleum Exporting Countries (OPEC) have decided to maintain cuts to oil supplies in coming months. This announcement has caused oil prices to increase by…

05 Mar 2021
05 Mar 2021

Crude oil prices surge as OPEC+ decides to extend supply cut

Crude oil prices increased after OPEC and its allies agreed to extend oil supply cuts into April as they expect a stronger demand recovery amid the Covid-19 pandemic. Brent crude…

05 Mar 2021
04 Mar 2021

Crude oil prices edge up on hopes OPEC+ maintains supply cuts

Global crude oil prices have increased over hopes that OPEC+ producers might decide against increasing the oil output at a planned meeting and drop in fuel inventories in the US.…

04 Mar 2021
03 Mar 2021

Oil prices gains as vaccine rollout boost global demand outlooks

Global crude oil prices have risen as the rollout of the Covid-19 vaccine have improved global demand expectations. The US West Texas Intermediate (WTI) crude futures increased $0.18, or 0.3%,…

03 Mar 2021
02 Mar 2021

Crude oil prices slip over OPEC output increase concerns

Crude oil prices dipped more than 1% on Tuesday over concerns that OPEC may increase oil supply increase and falling demand in China. Brent crude reached $62.91 a barrel, a…

02 Mar 2021
01 Mar 2021

Oil prices surge as US announces $1.9tn stimulus package

Global crude oil prices increased by more than $1 after the US House of Representatives passed a $1.9tn pandemic aid package, which now awaits the US Senate’s approval. Brent crude…

01 Mar 2021

Top 5 Most Read

Analysis 7 hours

Support for Scottish independence is booming – what does that mean for North Sea oil?

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2
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Iranian Oil Ministry to create 42 research collaborations

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Analysis 1 week

The oceans between European and American oil and gas companies

4
Company News 2 weeks

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5

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