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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...
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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. Source
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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. Source
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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. Source
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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. Source
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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...
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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...
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Can The Energy Sector Maintain Its Crazy Momentum? | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Apr 19, 2021, 5:00 PM CDT Is the pessimism in the fossil fuel sector overdone? Can investing in oil and gas still...
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Philippines Ready To Claim Oil Resources With Military | 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 – Apr 19, 2021, 4:30 PM CDT The disputed South China Sea may soon see an...
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Philippines Ready Claim Oil Resources With Military | 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 – Apr 19, 2021, 4:30 PM CDT The disputed South China Sea may soon see an escalation...
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