Saudi Aramco, (ARMCO) reported Q-2, 2022 earnings this week and set tongues wagging with the sheer amount of...
OilPrice.com | Saudi Aramco Is Taking A Page Out Of The U.S. Shale Playbook
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Tag | Crude
OilPrice.com | Are Iraq’s Ambitious Oil Production Goals Feasible?
Iraq is planning to increase its crude oil production to phased targets of 5 to 8 million barrels per day...
OilPrice.com | Are Oil Prices Set For A Comeback?
Oil prices have given up in recent weeks all the gains they had made since the Russian invasion of Ukraine as...
OilPrice.com | Third Oil Tank Catches Fire In Massive Fire In Cuba
The massive fire at a Cuban oil storage facility started by a lightning strike on Friday has now spread to a...
OilPrice.com | Demand Destruction Could Help America Refill Its Oil Inventories
U.S. petroleum inventories are still sitting at multi-year lows for this time of the year despite record...
OilPrice.com | U.S. Crude Production Sinks In May
By Julianne Geiger - Jul 29, 2022, 2:00 PM CDT EIA: U.S. field production of crude oil fell in May to an...
OilPrice.com | How China Could Trigger The Next Sharp Selloff In Crude
If ever there had been a time when crude oil was going to reach the US$200-plus per barrel (pb) levels posted...
OilPrice.com | Is A Recession Really The Next Big Risk For Oil?
Crude oil is a notoriously inelastic commodity—whatever its price, consumption does not vary greatly. Yet per a...