Oil sees wave of fund buying on early COVID immunisation hope Hedge funds and other money managers purchased the equivalent of 69 million barrels in the six most important petroleum […]
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Iraq seeks first ever oil prepayment deal as finances strained
Iraq seeks first ever oil prepayment deal as finances strained The country is seeking a five-year prepayment starting January 2021 until December 2025 to be repaid with cargoes of its […]
U.S. regulator issues report on negative oil prices
U.S. regulator issues report on negative oil prices Benchmark U.S. crude futures plunged below zero for the first time in history in April By Devika Krishna Kumar NEW YORK: A […]
U.S. oil industry group pledges to fight possible Biden fracking limits
U.S. oil industry group pledges to fight possible Biden fracking limits Biden has said he supports a ban on new gas and oil permits – including fracking – on federal […]
EU, UN-led pact commits oil and gas firms to tackle methane emissions
EU, UN-led pact commits oil and gas firms to tackle methane emissions Oil majors such as BP, Royal Dutch Shell, Eni, Equinor and Total have signed up for the Oil […]