-
The North African nation of 47 million people has long relied on some of the continent's largest oil and gas reserves to pay for many of its subsidies.
-
Brent closed above $100 for a second session while traders weigh war risks and extreme volatility.
-
Iran has vowed to keep the strait closed, but whether it's actually mining the area is contested.
-
Crude oil stocks, not including the SPR, stood at 443.1 million barrels on March 6, according to the EIA's latest weekly petroleum status report.
-
Oil drillers in central California have resorted to the costly and cumbersome alternative of trucking crude barrels 50 miles.
-
13 companies submitted 38 bids totaling $69,838,782, a DOI statement highlighted.
-
'The Barokah-1 discovery reinforces the compelling exploration potential we continue to see in the Northern Madura region, East Java'.
-
No one in their right mind would dare to sit short oil over the coming weekend, SEB Chief Commodities Analyst Bjarne Schieldrop said.
-
The field, in the Santos basin, now has a production capacity of about 60,000 barrels per day of oil.
-
ADNOC cut the volume of crude for its onshore partners by about a fifth for this month, although the flows will still go to a port outside the all-but-shuttered Strait of Hormuz.
