Countries to release 60m barrels of oil in light of Russia-Ukraine war
The IEA Ministers reiterated their support for sanctions imposed on Russia
Tag: oil market
Total snaps up ENGIE’s LNG assets for $1.5bn
Total has signed an agreement with French utility ENGIE to buy its liquefied natural gas (LNG)…
US oil imports rise as production falls
US crude oil imports increased in 2016 to an average of 7.9 million barrels per day (b/d).…
Global oil supply fell in March
The world’s oil supply decreased by 230,000 barrels a day from February to March. That's…
Next year’s oil prices ‘lower than thought’
Brent crude oil prices are expected to be $8 a barrel (£5.2/Bbl) lower compared to earlier…
IEA cuts oil demand forecast
The International Energy Agency (IEA) cut its forecast for oil demand for this year as weak…
