23 Sep 2020

Oil prices fall after increase in US crude stocks

Oil prices have slipped after industry group American Petroleum Institute (API) reported an increase in the US crude stocks. The increase in crude stocks has renewed concerns over fuel demand.…

22 Sep 2020

BP terminates Deepsea Aberdeen contract

Norwegian drilling contractor Odfjell Drilling has announced that oil major BP has terminated the contract for its Deepsea Aberdeen semi-submersible drilling rig, which was due to expire in April 2022.…