Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...

In contrast, hedging was much higher in previous downturns, such as 51.7% in 2020, which provided crucial support during the ...

Oil exports via the Caspian Pipeline Consortium pipeline have been set at 1.7 million barrels per day, or around 6.5 million ...

Canadian Natural Resources (CNQ) stands out with record production, low costs, strong dividends, and growth potential, ...

Saudi and Kuwaiti data includes the Neutral Zone. Venezuelan data includes upgraded synthetic oil. Nigerian crude output includes the Agbami and Egina streams and excludes Akpo condensate.

US index futures were... The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker Wednesday, with the S&P down 0.7%.

The Dangote Petroleum Refinery has received one million barrels of crude oil from Algeria ... a trader noted that the Saharan blend’s quality is suitable for the Dangote refinery and that ...

Previously the company had pledged to reduce output to 2m barrels of oil per day, but on Wednesday said it would target up to 2.5m barrels per day this decade – with an option to go higher by 2035.

The firm said it plans to increase its production to between 2.3 million and 2.5 million barrels of oil per day by 2030, with hopes of "major" oil and gas projects starting by the end of 2027.

According to its latest short term energy outlook, the EIA sees U.S. crude oil production, including lease condensate, averaging 13.59 million barrels per day this year. Image by Pavel Muravev via ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 640,000 barrels for the week ending February 21. Analysts had expected a 2.3-million-barrel ...