World’s Largest Oil Trader Expects Strong Demand Rebound This Year | 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 – Apr 20, 2021, 10:00 AM CDT Global oil demand is set for...Continue Reading

African Oil Producer Chad Faces Instability As President Dies | 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 – Apr 20, 2021, 9:30 AM CDT Chad’s President Idriss Déby has died of...Continue Reading

African Oil Producer Chad Faces Instability As President Dies After Clash With Rebels | 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 – Apr 20, 2021, 9:30 AM CDT Chad’s President Idriss...Continue Reading

Libya’s Oil Production Falls Below 1 Million Bpd On Export Terminal Outage | 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 – Apr 20, 2021, 9:00 AM CDT Libya’s National Oil Corporation has declared...Continue Reading

Demand for crude will increase by 7 million to 8 million barrels a day by the end of 2022, up from current levels, and producers will be stretched to meet that surge, Vitol Chief Executive Officer Russell Hardy said in an interview. SourceContinue Reading

Oil’s forward curve suggests growing confidence, with the spread between WTI’s contracts for December this year and 2022 at the widest backwardation in about a month. Yet there are still reasons to be cautious, with India suffering a fresh wave of coronavirus infections and refiners there starting to curb processing. SourceContinue Reading

The contract is expected to commence in the first half of 2022, with a firm duration of 110 days. The value of the firm contract is approximately USD 34m, including rig modifications and a mobilization fee. SourceContinue Reading

Libya’s oil production has fallen below 1 million barrels a day for the first time in months as a budgetary dispute hinders the OPEC member’s ability to fix war-damaged infrastructure. SourceContinue Reading

Deeply Discounted Crude Becomes Headache For OPEC | 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 – Apr 19, 2021, 7:00 PM CDT If you ask an oil major what the last five years...Continue Reading

Why Iran Will Be Forced To Accept A Much Stricter Nuclear Deal | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Apr 19, 2021, 6:00 PM CDT...Continue Reading