Saudi Aramco Looks To Lure Buyers To Pipeline Unit With $10B Loan | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 11, 2021, 11:30 AM CST Saudi Aramco, the world’s biggest oil company, is discussing with banks the idea to offer the potential buyers of...Continue Reading

OPEC Revises Down Global Oil Demand Forecast For 2021 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Feb 11, 2021, 11:00 AM CST OPEC expects oil demand to rise by...Continue Reading

IEA: OPEC+ To Further Ease Cuts Amid Quickly Drawing Oil Stocks | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Feb 11, 2021, 10:00 AM CST While the oil market rebalancing...Continue Reading

Mexico’s Push For Government Control Could Lead To Sudden Price Hikes | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Feb 11, 2021, 9:30 AM CST A push by the Mexican government to...Continue Reading

Shell Says Its Oil Production Has Peaked | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Feb 11, 2021, 9:00 AM CST Anglo-Dutch supermajor Shell has reaffirmed its commitment to becoming a net-zero...Continue Reading

Energean sees potential to find about 110 billion cubic meters of gas that it could sell over the next 10-20 years, doubling the company’s current reserves in Israel. SourceContinue Reading

Shell is starting one of the biggest reorganizations in its history as it pivots from a century-long structure that prioritized oil and gas production. There will be as many as 9,000 job losses over the next two years, with cuts already announced in The Netherlands, the UK and Malaysia. A second round of voluntary redundancies...Continue Reading

By David Messler – Feb 10, 2021, 7:00 PM CST Oil prices have rallied back to the point they are almost ready to match pre-Covid levels. There are two key drivers for this miracle, which no one predicted early on as being possible in this period of time. The first is the production curbs by...Continue Reading

EIA Lifts Oil Price Outlook, Sees WTI Averaging $50 This Year | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 10, 2021, 6:30 PM CST WTI Crude spot prices are expected to average $50.21 per barrel this year and $51.56 next year, the Energy Information...Continue Reading

The Most Fragile Oil Price Rally In History | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Feb 10, 2021, 6:00 PM CST Brent crude could hit $70 or even $80 a barrel...Continue Reading