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Saudi Arabia's Oil Exports Jump 123% to Over $16 Billion

2021-08-24 17:22:13| OGI

Saudi Arabia, the world's biggest oil exporter, was hit hard last year when oil prices plummeted.

Tags: jump oil billion saudi

 

BHP Risks Credit Rating Downgrade on Oil Asset Sale

2021-08-24 11:10:00| OGI

The sale of BHPs oil business to Woodside Petroleum will reduce BHPs portfolio diversity and will raise its dependency on a single asset, says S&P Global.

Tags: rating sale credit oil

 
 

Whats Affecting Oil Prices This Week? (Aug. 23, 2021)

2021-08-23 19:00:00| OGI

Risk continues to increase with future oil demand associated with the two largest consuming countriesU.S. and Chinalooking less robust than it did at the beginning of July, says Stratas Advisors in its latest oil price forecast.

Tags: week prices aug oil

 

Marathon Petroleum, ADM to form soybean oil JV to support renewable diesel production

2021-08-21 10:55:37| Green Car Congress

Tags: support form production oil

 

US Drillers Add More Oil Rigs, Gas Rig Count Falls

2021-08-20 19:55:50| OGI

U.S. oil rigs rose eight to 405 this week, their highest since April 2020, while gas rigs fell five to 97, registering their biggest weekly decline in 16 months.

Tags: add count gas oil

 

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