Oil Production In The World
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"Next Stop $140": Iran Speaker Ghalibaf's Big Warning As Oil Prices Reach Historic High
Ghalibaf blamed "junk advice" from top US officials like Treasury Secretary Scott Bessent for pushing the theory of economic pressure, claiming it had instead spiked global oil prices to $120 per barrel, with $140 likely as the "next stop".
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In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
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Ukraine's New Card In War Strategy: Attacks On Russian Oil Infrastructure
The refinery, which lies 900 kilometres southeast of Kyiv and delivers oil products mainly for exports, has annual production capacity of about 12 million metric tons.
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UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
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Only 5 Ships, Including Iranian Tanker Crossed Hormuz In Last 24 Hours
The closure of the strait has disrupted a fifth of the world's oil and liquefied natural gas (LNG) supplies and triggered a global energy crisis.
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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
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Iran Threatens To End Gulf Nations' Oil Production As Truce Deadline Nears
Iran's Revolutionary Guards on Tuesday threatened to end oil production in the Middle East if the Islamic republic faced attacks launched from its Gulf neighbours' territory.
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Boeing Sees Boost In Military Contracts Amid War In Middle East
Worries over scarce jet fuel became more acute earlier this week, with the International Energy Agency head saying Europe was about six weeks away from a shortage.
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Saudi Petrochemical Complex Hit Hours After Iran Facilities Are Struck
Jubail in eastern Saudi Arabia is known around the world for its production of gasoline, petrochemicals, lubricating oil and chemical fertilisers.
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Kuwait's Oil Refinery Units On Fire After Iranian Drone Attack
Refineries are key to Kuwait's oil production because without them, oil wells would have to be shut down for lack of a destination for the oil.
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"Next Stop $140": Iran Speaker Ghalibaf's Big Warning As Oil Prices Reach Historic High
Ghalibaf blamed "junk advice" from top US officials like Treasury Secretary Scott Bessent for pushing the theory of economic pressure, claiming it had instead spiked global oil prices to $120 per barrel, with $140 likely as the "next stop".
-
In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
-
Ukraine's New Card In War Strategy: Attacks On Russian Oil Infrastructure
The refinery, which lies 900 kilometres southeast of Kyiv and delivers oil products mainly for exports, has annual production capacity of about 12 million metric tons.
-
UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
-
Only 5 Ships, Including Iranian Tanker Crossed Hormuz In Last 24 Hours
The closure of the strait has disrupted a fifth of the world's oil and liquefied natural gas (LNG) supplies and triggered a global energy crisis.
-
Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
-
Iran Threatens To End Gulf Nations' Oil Production As Truce Deadline Nears
Iran's Revolutionary Guards on Tuesday threatened to end oil production in the Middle East if the Islamic republic faced attacks launched from its Gulf neighbours' territory.
-
Boeing Sees Boost In Military Contracts Amid War In Middle East
Worries over scarce jet fuel became more acute earlier this week, with the International Energy Agency head saying Europe was about six weeks away from a shortage.
-
Saudi Petrochemical Complex Hit Hours After Iran Facilities Are Struck
Jubail in eastern Saudi Arabia is known around the world for its production of gasoline, petrochemicals, lubricating oil and chemical fertilisers.
-
Kuwait's Oil Refinery Units On Fire After Iranian Drone Attack
Refineries are key to Kuwait's oil production because without them, oil wells would have to be shut down for lack of a destination for the oil.
