Global Energy Industry News

Oil may have further to fall due to oversupply-IEA

July 10, 2015
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LONDON, July 10 (Reuters) – Massive oversupply is likely to push oil prices down even further, the International Energy Agency (IEA) said on Friday, adding that the rebalancing of the market was likely to last well into 2016.

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Source:: Reuters UK Natural Resources […]

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Oil price, Premier, And finally…

July 9, 2015
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Oil price A very quick blog today partly as there is not much news out there and partly as I am headed to the smoke to see Rob Shepherd amongst others in a tubefree environment. All quiet on the t

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Source:: Oil Voice […]

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China to let independent refiners import more crude

July 9, 2015
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SINGAPORE/BEIJING, July 9 (Reuters) – China is opening its crude oil imports to buyers outside of the state-owned sector, and independent refiners could get approvals for up to 600,000 barrels per day (bpd) in shipments this year.

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Source:: Reuters UK Natural Resources […]

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Platts Survey: OPEC Pumps 31.28 Million Barrels of Crude Oil Per Day in June

July 7, 2015
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Oil production from the Organization of the Petroleum Exporting Countries OPEC totaled 31.28 million barrels per day bd in June up 170000 bd from May and the fourth consecutive monthly increase

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Source:: Oil Voice […]

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