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Hurricane Energy, the UK based oil and gas company, has provided an update on Lancaster field operations and net free cash balances as of 31 July 2022 following the lifting of the July cargo. The 30th cargo of Lancaster oil, totalling approx. 534 Mbbls, resulted in net revenue of $60 million.
Energy, metals and agriculture prices have all tumbled from their March peak on inflationary recession fears amid a slew of economic warning signs, but a commodity bust is far from inevitable, S&P Global Commodity Insights said in a ...
Middle East oil producers have raised prices of lighter crudes for August delivery, but remain somewhat cautious as fears of demand destruction continue to spook the markets
By Sherry Su (Bloomberg) A Russian court order to halt oil loadings from a port in the Black Sea has unnerved European crude traders already reeling from the tightest regional...
A Russian court order to halt oil loadings from a port in the Black Sea has unnerved European crude traders.