Shell, the world’s largest physical oil trader, has made bold moves in the North Sea in the past, pointing out that it needs the barrels for its own giant global refining system and to satisfy demand from customers in Asia. SourceContinue Reading

Turkish Media: Libya’s Haftar Sells Oil Illegally | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 02, 2021, 12:30 PM CST Libya’s strongman in the east, General Khalifa Haftar, is selling through illegal corporations oil pumped in areas in eastern Libya under the control of...Continue Reading

OPEC+ Now Sees Weaker Oil Demand Growth 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 02, 2021, 12:00 PM CST OPEC+ expects global oil demand to rise...Continue Reading

Oil Prices Rise As Producers Stick To Supply Curbs | 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 Related News By Tsvetana Paraskova – Feb 02, 2021, 11:30 AM CST Oil prices hit a one-year high early...Continue Reading

WTI Breaks $55 For The First Time Since January 2020 | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Feb 02, 2021, 11:00 AM CST Did the ‘Reddit-Raiders’ suddenly shift their crosshairs onto the energy complex? The last few days have seen WTI...Continue Reading

US Signals Readiness To Discuss Lifting Of Nord Stream 2 Sanctions | 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 Related News By Tsvetana Paraskova – Feb 02, 2021, 10:30 AM CST The new U.S. Administration has...Continue Reading

Russia Is The Biggest Winner In The OPEC+ Deal | OilPrice.com Vanand Meliksetian Vanand Meliksetian has extended experience working in the energy sector. His involvement with the fossil fuel industry as well as renewables makes him an allrounder… More Info Premium Content By Vanand Meliksetian – Feb 02, 2021, 10:00 AM CST OPEC has been...Continue Reading

Elon Musk’s Cyborg Monkey Plays Video Game With His Mind | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Feb 02, 2021, 9:30 AM CST Neuralink, a startup set up by Tesla’s...Continue Reading

BP Reports Massive Loss For 2020 | 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 02, 2021, 9:00 AM CST The second supermajor to report full-year results, BP, said today it had...Continue Reading

“There’s a sense that normalcy will occur and it’s looking more certain,” boosting the outlook for oil demand, said Michael Lynch, president of Strategic Energy and Economic Research. Meanwhile, “the Saudi production cuts start today, and people are focused on falling inventories and how the market is tightening.” SourceContinue Reading