Surging physical oil market brings $100 crude back in sight
Benchmark Brent has risen more than 30 per cent since March
Source: gulfnews.com
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Oil Prices Likely To Climb Even Higher, Energy Group Predicts
Oil prices are poised to continue their climb as OPEC+ production cuts take hold in international markets, the International Energy Agency reported.
Saudi Arabia International Energy Agency Daily Caller News Foundation Group Of Seven Gas Prices Spike Almost Posing Potential Headache For Biden
Source: dailycaller.com
UAE To Expand Oil & Gas Production Capacity With $150 Billion Investment
UAE’s ADNOC will invest $150 billion in the five years through 2027 in order to expand its production capacity to 5 million barrels per day
Saudi Arabia United Arab Emirates Abu Dhabi Abuz Aby Abu Dhabi National Oil Co Organization Of Petroleum Exporting Countries
Source: oilprice.com
UAE Plans $150 Billion Spending Spree To Boost Oil Output To 5MM Barrels By 2027
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Euro Slides to 20-Year Low, European Stocks Fall as Russia Keeps Nord Stream Shut
Europe says Russia is weaponizing gas supplies but Moscow says it will not restore full supplies until sanctions against Russia are lifted.
Source: ibtimes.sg
Double Whammy: Kremlin Says No Gas For Europe Until Sanctions Lifted; OPEC+ Cuts Oil Output
Kremlin spokesperson Dmitry Peskov blamed the Western sanctions for the halting of gas flows through the Nord Stream 1 gas pipeline.
Source: ibtimes.sg
LPG price today: Commercial LPG cylinder rates go down by Rs 91.50 in Delhi, other metros
Commercial LPG cylinder price: Prices of a commercial liquefied petroleum gas (LPG) cylinder have been slashed by Rs 91.50 across Delhi and other metros whereas no changes have been announced regarding the price of 14.2 kg domestic LPG cylinders yet.
Source: businesstoday.in
Saudi Aramco posts biggest quarterly profit of any listed company
The state-controlled company’s free cash flow rose by 53 percent to $34.6bn compared to a year earlier.
Source: aljazeera.com
Aramco records record quarterly profit driven by high crude prices, production
Saudi Aramco posted the biggest quarterly adjusted profit of any listed company globally driven by high crude prices and production.
Source: worldoil.com