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Tag: crude oil
Chinas Daily Crude Oil Imports Hit Years Low in May
2021-06-07 11:15:00| OGI
The Chinese government has been ramping up scrutiny of the oil industry by imposing taxes on key blending fuels and investigating crude imports at state energy giants and independent refiners.
US Drillers Add Oil Rigs as Crude Futures Rise
2021-05-14 19:29:08| OGI
U.S. oil rigs rose eight to 352 this week, their highest since April 2020, while gas rigs fell three to 100 in their biggest weekly decline since July 2020.
US Crude Oil Output Fell in February to Lowest Since 2017
2021-04-30 19:06:04| OGI
U.S. oil production dropped 1.197 MMbbl/d in February to 9.862 MMbbl/d, shows a monthly report from the U.S. Energy Information Administration (EIA).
Tags: february
lowest
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Clean Crude? Oil Producers Use Offsets to Claim Green Barrels
2021-04-19 18:55:00| OGI
Oil and gas companies worldwide are increasingly trying to market their products as cleaner, including by buying credits, powering drilling operations with renewable power and investing in technology to capture and store emissions.
US Crude Oil Stockpiles Surge, Fuel Draws Down: EIA
2021-03-10 20:40:00| OGI
U.S. crude oil stockpiles rose by 13.8 million barrels in the week to March 5 to 498.4 million barrels, compared with analysts expectations in a Reuters poll for an 816,000-barrel rise, according to the EIA.
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