Tag: crude oil
Oil Holds Two Days of Losses as Demand Outlook Deteriorates
(Bloomberg) --Oil held two days of losses as a worsening demand outlook was compounded by signs it will be difficult for the U.S. and...
Saudi-Malaysian refinery CDU has begun to restart, says Petronas
Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun...
China CNPC extends Oman oil production contract for 15 years
China CNPC has extended its contract for developing an aged oilfield in Oman for another 15 years, Reuters quotes Chinese state oil and group...
October Oman Cargo sold at OSP +$0.20 per barrel
Oman’s Ministry of Oil and Gas (MOG) sold a cargo of Oman blend crude via DME Auctions on Wednesday, achieving a strong premium above...
Is There Really a Global Shortage of Crude Oil?
Bloomberg - From Russia to Saudi Arabia, Iran to Venezuela, the list of crude oil supplies being curtailed or disrupted around the world is growing...
