FeaturedOil & GasAramco slashes oil prices in Asia despite historic dealInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020 Aramco slashed its selling price for Asian buyers by $4.20 per barrel... Read more
FeaturedOil & GasSaudi Arabia-Russia agree to slash oil output and end the oil price warInternational Finance Business DeskApril 10, 2020 by International Finance Business DeskApril 10, 2020 The parties agreed to cut production by about 10 million barrels a day in May and June... Read more
FeaturedOil & GasTrump, US oil companies to discuss tariffs on Saudi oilInternational Finance Business DeskApril 2, 2020April 2, 2020 by International Finance Business DeskApril 2, 2020April 2, 2020 CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House... Read more
FeaturedOil & GasCoronavirus, oil price war take its toll on African oil producersInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession... Read more
FeaturedOil & GasAramco to cut refinery runs to sustain high oil output through MayPritam BordoloiMarch 20, 2020 by Pritam BordoloiMarch 20, 2020 Aramco to continue supplying crude at a record rate of 12.3 bpd... Read more
FeaturedOil & GasAramco to increase crude production amid price warPritam BordoloiMarch 11, 2020 by Pritam BordoloiMarch 11, 2020 The company will increase production by 300,000 barrels per day... Read more
FeaturedOil & GasAs global oil prices fall, Petrobras’ shares plungePritam BordoloiMarch 10, 2020 by Pritam BordoloiMarch 10, 2020 A possible price war could hinder Petrobras’ plan to sell around $30 bn of assets by 2024... Read more
FeaturedOil & GasGlobal oil prices plunge as Saudi-Russia negotiations collapsePritam BordoloiMarch 9, 2020March 9, 2020 by Pritam BordoloiMarch 9, 2020March 9, 2020 Saudi Arabia decides to cut prices by nearly 10%... Read more
Oil & GasDisputes settled, Gazprom extends gas deal with UkrainePritam BordoloiDecember 23, 2019 by Pritam BordoloiDecember 23, 2019 Gazprom and Ukraine have agreed not to start any new gas lawsuits against each other... Read more
Oil & GasLukoil: Russia’s oil production to reach 12 bpd by 2035Pritam BordoloiDecember 18, 2019 by Pritam BordoloiDecember 18, 2019 Currently, Russia pumps around 11.2 million bpd of oil and condensate... Read more