Russia's Crude Oil Exports Top Its OPEC+ Target
Russia boosted its crude oil exports in late December and early January vessel-tracking data from Bloomberg showed.
Source: oilprice.com
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Biden Administration Plugs Away At Refilling Oil Stockpiles
The Biden Administration took one more baby step towards refilling the nation’s Strategic Petroleum Reserves (SPR), announcing on Friday a request for proposal for another 3 million barrels of crude oil for May delivery
Source: oilprice.com
Analysts Predict a Challenging Year for Oil Prices in 2024
Analysts predict a challenging year for oil prices in 2024 due to oversupply, weak prices, and lukewarm demand growth, with potential impacts from geopolitical tensions and U.S. production increases.
Source: oilprice.com
Oil falls over 3pc as Saudi price cuts add to demand doubts
Force majeure declared at Libyan oilfield
Source: dunyanews.tv
Russia Honors OPEC+ Commitments with Reduced Oil Exports
Russia has adhered to its commitment to OPEC+, reducing crude oil exports in line with the agreed cuts for the first week of 2024.
Source: oilprice.com