Source U.S. Energy Information Administration Petroleum Supply Annual U.S. field production of crude oil increased in 2015 for the seventh consecutive year reaching 9.42 million barrels per day Read full story › Source:: Oil Voice
Iran is expected to sign a deal with Total to develop its South Pars natural gas field, marking the return of Western oil firms to the country. Read full story › Source:: CNBC energy
By hellenicshippingnews Saudi Aramco has raised the prices for all grades of crude it sells to Asia for December loading, two sources with knowledge of the matter said on Thursday. The December price for Saudi Arab Light crude for Asian customers rose by 90 cents a barrel from the previous month to a premium of […]
By hellenicshippingnews With oil prices trading near multiweek lows, analysts believe next year won't be much better. A survey of 14 investment banks by The Wall Street Journal predicts that oil prices will stay below $60 a barrel in 2017. Last summer, many of the same banks were predicting oil prices would rise to more […]
