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PTTEP subsidiary wins bid to explore for oil, gas in new block off Malaysia
PTTEP subsidiary wins bid to explore for oil, gas in new block off Malaysia
WEDNESDAY, MARCH 23, 2022
A subsidiary of PTT Exploration and Production has won a bid to survey for oil and gas in a new block in the sea off Malaysia and produce petroleum, PTTEP said on Wednesday.OPEC boosted output last month even as some members left behind
OPEC boosted output last month even as some members left behind
FRIDAY, SEPTEMBER 03, 2021
OPEC boosted crude production last month as it continued the revival of supplies halted during the pandemic, but some members struggled to keep up.Oil slides to lowest since may after Fed signals intent to taper
Oil slides to lowest since may after Fed signals intent to taper
FRIDAY, AUGUST 20, 2021
Oil extended its drop to the lowest level since May after the U.S. Federal Reserve on Wednesday signaled it was set to start tapering asset purchases within months, hurting commodities and lifting the dollar.Oil extends slump after surprise jump in U.S gasoline stockpiles
Oil extends slump after surprise jump in U.S gasoline stockpiles
THURSDAY, AUGUST 19, 2021
Crude futures extended the longest slide in five months after a surprise increase in U.S. gasoline inventories that signaled fuel demand may be under threat as Covid-19s delta variant menaces the economic recovery.Big Oil shows confidence the era of large profits is back
Big Oil shows confidence the era of large profits is back
FRIDAY, JULY 30, 2021
Europes largest oil and gas companies showed confidence that the era of big profits is back by significantly boosting returns to shareholders.The Saudi prince of oil prices vows to drill every last molecule
The Saudi prince of oil prices vows to drill every last molecule
SUNDAY, JULY 25, 2021
The Boeing 767 banked over the Red Sea, turning east into Saudi Arabia. A commercial version of the plane can carry about 260 passengers. Inside this one, Saudi Energy Minister Prince Abdulaziz bin Salman and a dozen or so aides were heading home from a tumultuous meeting at OPECs headquarters in Vienna the day before.Oil edges up with robust global demand tightening crude market
Oil edges up with robust global demand tightening crude market
FRIDAY, JULY 23, 2021
Oil rose amid expectations that recovering demand from the U.S. to India and Spain will further tighten global crude markets.Oil extends gain with U.S. crude supply falling for second week
Oil extends gain with U.S. crude supply falling for second week
THURSDAY, MAY 13, 2021
Oil advanced as a second straight weekly decline in U.S. crude inventories bolstered the outlook that the world has drained a record supply glut built up last year.U.S. crude futures eyeing $50 as U.S. stimulus hopes strengthen
U.S. crude futures eyeing $50 as U.S. stimulus hopes strengthen
SATURDAY, DECEMBER 19, 2020
Oil continued its rally as U.S. lawmakers work to settle disputes over another round of fiscal stimulus that could help support demand as markets await a wider vaccine roll-out.A crude quandary for Gulf states and Pakistan
A crude quandary for Gulf states and Pakistan
MONDAY, OCTOBER 26, 2020
SLIDING market prices, lowering demand and healthy output projections are set to hit the single product, oil-rich economies of the Middle East, the International Monetary Fund (IMF) said in its report last week.Loading...
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