Global Energy Industry News

OPEC oil output slips from record on Iraqi disruption – survey

February 29, 2016
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LONDON, Feb 29 (Reuters) – OPEC oil output has fallen in February from the highest monthly level in recent history, a Reuters survey found on Monday, due to a halt in Iraq’s northern exports and outages in other producers.

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Source:: Reuters UK Natural Resources […]

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China, India oil buying underpins W. Africa’s March flows east

February 29, 2016
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* Exports to China hold close to February level * Indian buying bounces back from 13-month low By Libby George LONDON, Feb 29 (Reuters) – West African crude oil flows east are expected to stay strong in March as Chinese term buying remains elevated and several additional cargoes were booked […]

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BRENT CRUDE MOST ACTIVE FUTURES CONTRACT EXTENDS GAINS, NOW UP OVER $1 AT $36.46 A BARREL

February 29, 2016
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BRENT CRUDE MOST ACTIVE FUTURES CONTRACT EXTENDS GAINS, NOW UP OVER $1 AT $36.46 A BARREL

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Source:: Reuters UK Natural Resources […]

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Canadian oil production expected to increase despite lower prices

February 25, 2016
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Source U.S. Energy Information Administration ShortTerm Energy Outlook and Statistics Canada Note Other includes condensate natural gas liquids and refinery processing gain. Despite lower crud

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Source:: Oil Voice […]

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