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Will global oil supply be at risk if Iran and Israel pull the Middle East into war?
17 Apr 2024 21:04 GMT
… for about only 2% to global oil supplies, none of them coming to …
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Ukraine’s drone attacks light a fuse under global oil supplies
12 Apr 2024 09:53 GMT
Long before engaging in a shooting war, Russia and Ukraine were in an energy war. Bitter disputes over natural gas supply predate the current battle by almost two decades.
Russia’s escalating invasions have since drawn tightening sanctions on its energy …
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Ukraine continues to attack Russian refineries, impacting global oil supply
26 Mar 2024 00:57 GMT
Ukraine has been ramping up drone attacks on Russian oil refineries, despite warnings from the U.S. not to do so. Over the weekend, a drone strike caused a fire and knocked out a refining unit at a facility in the city of Samara.
Matt Smith, energy analyst …
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‘New kid’ Guyana positioned to play key role in global oil supply tussle
22 Mar 2024 06:44 GMT
‘Having only just beginning to get its proverbial feet wet in the high-profile world of the global energy industry, Guyana, it seems, is already being positioned to play a strategic role in a sector that is never lacking in in-fighting and intrigue.
The …
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Attacks on Russian refineries may affect global oil supply — report
20 Mar 2024 00:18 GMT
19 March, 11:30 PM
A fire at the Lukoil refinery in the Nizhny Novgorod region of the Russian Federation as a result of a drone attack, March 12, 2024 (Photo:ВЧК-ОГПУ/Telegram)
Ukraine’s campaign of sustained drone
strikes on Russian oil
refineries …
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World Oil Supply Posts Sharp Decline in January
19 Feb 2024 11:20 GMT
World oil supply in January posted a sharp … month on month decline in global oil supply,” it added.
“However, the rising … the OMR, the IEA said world oil supply is set to increase by … in the OMR that total global oil supply rose by two million barrels …
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Higher Global Oil Supply Set to Satisfy Demand Increase, IEA Says
15 Feb 2024 09:08 GMT
By Giulia Petroni Global oil demand is expected to grow at a significantly weaker pace this year, while soaring output from the Americas will help boost supply despite output curbs from OPEC and its allies, the International Energy Agency said. The Paris- …
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IEA report tips global oil supply to outstrip demand in 2024
23 Jan 2024 06:30 GMT
According to the International Energy Agency (IEA), while growing geopolitical tensions in the Middle East have added to uncertainty in oil markets entering 2024, the world looks as though it should be adequately supplied during the year.
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Global oil supply set to reach record high in 2024
19 Jan 2024 14:00 GMT
… concerns about potential disruptions to global oil supply routes.
Recent US and UK …
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Oil steadies, heads for weekly drop on US economy worries
03 May 2024 01:22 GMT
… showed little sign of disrupting global oil supplies.
Brent headed for a 6 …