Oil supply

Oil & Gas Supply
OPEC+ Is Not Considering Delay to April Oil Supply Hike, Novak Says
Russia's Deputy Prime Minister Alexander Novak attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June…
Oil Refinery
New Refineries: NNPCL May Cut Crude Supply to Dangote Plant
The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, excep…
Crude Oil
Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil su…
Crude Oil
Saudi Crown Prince Promises Stable Oil Supply to Japan
Saudi Crown Prince and Prime Minister Mohammed bin Salman meets with U.S. Secretary of State Antony Blinken at the Al Yamamah Palace in Riyadh, Saudi Arabia, Ap…
Oil & Gas Trade
Kuwait Petroleum Renews Oil Supply Deal With China's Unipec Until 2033
Kuwait Petroleum Corp (KPC) has renewed its contract to supply 300,000 barrels per day of crude oil to China's Unipec, the trading arm of Asia's largest…
Crude Oil
US Has Sufficient Oil Supply Reserve to Address Any Supply Concerns, Biden Adviser Says
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil Pipeline
A Year After Iraq-Turkey Pipeline Halt, No Progress to Resume Flows
A year after the closure of the Iraq-Turkey oil pipeline, the conduit that once handled about 0.5% of global oil supply is still stuck in limbo as legal and fin…
Oil & Gas Trade
Russia Considering Increase of Oil Supply to Uzbekistan
TASHKENT, Uzbekistan, December 18. Russia is working on the possibility of increasing exports of oil and petroleum products to Uzbekistan, Deputy Prime Minister…
Crude Oil
PRL Signs Long-Term Deal With Russia for Crude Oil Supply
Caretaker PM Kakar and caretaker Energy Minister Mohammad Ali are witnessing the signing ceremony of the MOU between United Energy Group of China and Pakistan R…
Oil & Gas Supply
Kenya Extends Oil Supply Agreement With Three Gulf Companies
Kenya has extended an oil supply deal with three Gulf-based companies, which is designed to manage demand for dollars, the energy regulator said on Tuesday.The …
Oil Price
Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut
Sausi Arabia's Prince Abdulaziz bin SalmanSaudi Arabia will make an extra 1 million barrel-a-day oil supply cut in July, taking its production to the lowest…
Crude Oil
UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources
Abu Dhabi National Oil Company (ADNOC) will cut 5% of the December crude oil supply to some term-lifters in Asia but will provide full contractual volumes in Ja…
Oil & Gas Supply
IEA Unveils 10-Point Plan to Cut Oil Supply Crunch
The new report also includes recommendations for decisions to be taken now by governments and citizens to transition from the short-term emergency actions inclu…
Oil Price
Oil Jumps as Russia-Ukraine Talks Stall
Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …
Crude Oil
The World Could See a Record-Breaking Oil Supply Shock
IEA: market could lose around 3 million bpd of supply from Russia starting in April.

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Oil supply

OPEC+ Is Not Considering Delay to April Oil Supply Hike, Novak Says

New Refineries: NNPCL May Cut Crude Supply to Dangote Plant

Crude Oil Futures Edge Up After IEA Report on Demand Outlook

Saudi Crown Prince Promises Stable Oil Supply to Japan

Kuwait Petroleum Renews Oil Supply Deal With China's Unipec Until 2033

US Has Sufficient Oil Supply Reserve to Address Any Supply Concerns, Biden Adviser Says

A Year After Iraq-Turkey Pipeline Halt, No Progress to Resume Flows

Russia Considering Increase of Oil Supply to Uzbekistan

PRL Signs Long-Term Deal With Russia for Crude Oil Supply

Kenya Extends Oil Supply Agreement With Three Gulf Companies

Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut

UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources

IEA Unveils 10-Point Plan to Cut Oil Supply Crunch

Oil Jumps as Russia-Ukraine Talks Stall

The World Could See a Record-Breaking Oil Supply Shock