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Whats Affecting Oil Prices This Week? (March 15, 2021)

2021-03-15 18:30:00| OGI

The price of Brent crude oil closed last week at $69.22 after closing the previous week at $69.36. In similar fashion, WTI closed the week at $65.61 after closing the previous week at $66.09.

Tags: week march prices oil

 

CNOOC Starts Production at Caofeidian 6-4 Oil Field in Bohai Sea

2021-03-15 14:01:05| OGI

The project is expected to reach peak production of about 15,000 barrels of crude oil per day in 2023, according to the company statement.

Tags: field production sea oil

 
 

US Becomes Indias Second Biggest Oil Supplier, Saudi Plunges to No. 4

2021-03-15 10:25:31| OGI

The United States overtook Saudi Arabia as Indias second biggest oil supplier after Iraq last month, as refiners boosted cheaper U.S. crude purchases to record levels to offset OPEC+ supply cuts, data from trade sources showed on Match 15.

Tags: to no oil biggest

 

How Oil and Gas Can Navigate Its Own Net-zero Roadmap

2021-03-15 09:02:00| OGI

The energy transition is moving at a fast and furious pace, and the oil and gas industry not keeping up presents its own series of risks, including alienating investors and falling behind in recruiting talent.

Tags: own gas oil navigate

 

US Oil, Gas Rig Count Falls for First Time since November

2021-03-12 19:24:29| OGI

U.S. oil rigs fell one to 309 this week, while gas rigs were unchanged at 92.

Tags: time since november count

 

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