Global crude held on stationary tankers for more than seven days fell by 6.9% w/w to 67.30m bbl as of Jan. 31, according to Vortexa data cited by Bloomberg.Asia Pacific down 5% w/w to 34.19m bblMiddle ...

Shell announced the start of production at a new floating facility in the Gulf ... the site to produce the equivalent of 100,000 barrels of oil a day at peak output. In total, officials estimate ...

Oil prices fall as investors downplay Trump's sanctions on Iran and focus on rising U.S. inventories. Markets skeptical of impact on Iranian oil flows.

Oil futures were registered at an eight-month low this week. On the New York Mercantile Exchange, it was registered hovering ...

Reuters reported earlier Friday, citing three people "familiar with the planning," that Trump would announce the ...

Shell Plc began production at its ‘Whale’ floating facility in the Gulf of Mexico, which is expected to reach daily peak production of 100,000 barrels of oil equivalent. There are an estimated ...

Búzios commenced activities in 2018 and currently operates through five units, namely the FPSOs (Floating Production ... approximately 2 million barrels of oil per day by 2030.

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float on the ... one in every eight barrels of crude oil ...