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All Industry Updates

Stay updated with the latest news and trends in the petroleum industry.

News

Oil resumes rise after brief pause

Oil prices rose on Monday, extending recent gains, building on three weeks of higher prices...
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Oil producers to discuss output freeze at June OPEC meeting: Saudi advisor

Oil-producing nations will discuss an oil output freeze at OPEC’s meeting in June, a senior...
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Oil falls as traders cash in after three weeks of gains

Oil prices slipped on Monday as traders took profits after three weeks of gains and...
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Emerging-market stocks, currencies decline on oil as Fed looms

Emerging market stocks and currencies fell as a retreat in oil and speculation the Federal...
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Qatar’s OPEC MAX meeting and the oil price rout that wasn’t

There was much gnashing of teeth as Qatar’s grand meeting of oil producers failed to...
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Oil prices rise as investor sentiment turns upbeat

Oil prices rose on Friday, setting crude futures on course for solid weekly gains, as...
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IEA expects biggest drop in non-OPEC oil output in 25 years

Crude prices steadied on Thursday, as the International Energy Agency (IEA) said 2016 would see...
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Oil surge drives world stocks higher, ECB looms

World stock markets climbed to their highest in almost five months on Thursday after a...
Latest Publication

Petroleum Minister confirms FPSO damage is serious

The Minister for Petroleum says a technical investigation of the condition of the turret bearing...
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OPEC Warns of deeper cuts to oil demand forecast on slowdown

OPEC said it may deepen cuts to its forecast for global oil demand growth due...
Latest Publication

Oil price drop cuts sub-Sahara Africa’s economic growth by 33% in 2015

A latest World Bank report has revealed that declining global oil prices continue to impact...
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Oil price dips on prospects for producers’ meeting

Oil prices slipped on Monday over worries that the result of next Sunday’s meeting of...
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