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Surprise Build In Crude Oil Inventories Weigh On Prices

Crude oil inventories in the United States rose this week by 483,000 barrels for the week ending January 12, according to The American Petroleum Institute

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Cape of Good Hope Becomes New Route for LNG Carriers

Due to fears of Houthi rebel attacks in the Red Sea, LNG tankers are being rerouted, leading to a temporary impact on LNG shipping and prices.

Red seaDjibouti generalUnited statesNorth dakotaUranium energy restarts wyoming productionEia predicts fifth monthly oil outputAlberta posts record oil productionIran missile attack kills kurdish oil tycoonCiti cuts brent oil priceOnshore oil businessRussia crude oil exports top itsIran turns to dirty heavy fuel oilNavy seals seize vesselDakota oil output downChina oil imports hit an annual recordFreeze cuts north dakota oil production

Norway To Boost Oil and Gas Exploration

Oil and gas companies plan to boost exploration activity and spending offshore Norway this year as Western Europe’s top oil and gas producer looks to maintain production and raise exports

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