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US oil rig count remains unchanged for week ending Nov. 1

- Number of US oil rigs fall by 33 compared to one year ago

02.11.2024 Oil

US crude oil inventories down 0.1% for week ending Oct. 25

- Daily crude oil production rises to around 13.94 million barrels per day

31.10.2024 Oil

US oil rig count down by 2 for week ending Oct. 25

- Number of US oil rigs fall by 24 compared to one year ago

26.10.2024 Oil

US crude oil inventories up 1.3% for week ending Oct. 18

- Daily crude oil production falls to around 13.93 million barrels per day

24.10.2024 Oil Energy Projects

US oil rig count up by 1 for week ending Oct. 18

- Number of US oil rigs fall by 20 compared to one year ago

19.10.2024 General

Türkiye key to energy security in southeastern Europe, says top US energy diplomat

- Assistant Secretary Geoffrey Pyatt underscores Türkiye's role in supporting southeastern Europe’s energy security, clean energy, regional supply diversification

18.10.2024 General

US crude oil inventories down 0.5% for week ending Oct. 11

- Daily crude oil production rises to 13.93 million barrels per day

18.10.2024 Oil

Oil down with low US demand, market awaits China stimulus package

- Experts say Hurricane Milton could also negatively affect employment data in US in coming weeks

11.10.2024 Oil

Red Sea trade sees historic decline amid rising tensions in Middle East

- Red Sea’s ship traffic falls 56% as vessels reroute around Cape of Good Hope following retaliatory attacks by Houthis

08.10.2024 Oil General

Oil price surge linked to potential attack on Iranian oil facilities expected to be temporary

- Brent shows 6% weekly rise with threat of attack on Iranian oil facilities, recording highest weekly increase since January

07.10.2024 Oil Energy Diplomacy

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Biden says US discussing possible Israeli attacks on Iranian oil facilities

- 'There's nothing going to happen today,' US president tells reporters

04.10.2024 General

Yuan eyes top currency spot in oil trade, experts say replacing dollar will be lengthy

- Experts believe replacing petrodollar will take time while CBDC could give yuan the push to compete with dollar in long term

30.09.2024 Oil Energy Diplomacy

US crude oil inventories down 1.1% for week ending Sept. 20

- Daily crude oil production rises to 13.62 million barrels per day

26.09.2024 Oil

Blinken, Iraqi prime minister discuss regional escalation, economy in New York

- During meeting, Blinken also emphasized need to reopen Iraq-Türkiye oil pipeline, according to State Department

24.09.2024 General

G7+ condemn Russia’s 'continuous' strikes on Ukraine’s energy infrastructure

- 'We recommit to supporting Ukraine’s immediate, medium, and long-term recovery and reconstruction in line with its path towards the EU,' says G7+ Ministerial Group

24.09.2024 General