OEUK Says Market Needs Firm Date for North Sea Tax Plan
Industry body Offshore Energies UK said the industry urgently needs a firm date for HM Treasury's North Sea tax plan.
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Goldman Flags Risk of $120 Oil
Oil may rally to as much as $120 a barrel if attacks on shipping in the Middle East increase, according to Goldman Sachs Group Inc.
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Venezuela OPEC Exit 'Structurally Likely'
Venezuela's exit from the OPEC group is 'structurally likely' but not for now, Kpler Senior Commodity Analyst Homayoun Falakshahi outlined in a market update.
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OPEC+ 7 Reveal October Output Plan
A statement posted on OPEC's website on Sunday revealed Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman's production plan for October.
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Russia's Oil Revenue Sinks to 6 Month Low
Russia's oil revenue slumped to a six-month low in August.
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USA Retail Diesel Hits Record
U.S. retail diesel rose to a record.
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Atlantic Hurricane Season Remains Most Tranquil Since 1941
The world's second-largest ocean hasn't been this docile since 1941.
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Vaca Muerta Estimated to Hold 9B Barrels of Sub $55 Oil Resource
EIR director Andy McConn said 'Vaca Muerta's growth potential and low-cost competitiveness are a rare combination in today's upstream market'.
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Analysts Still Expect USA-Iran Deal by End-September
Analysts at BMI revealed that their base case still assumes a preliminary agreement to reopen the Strait of Hormuz by the end of the third quarter.
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Iran Strikes Keep Oil Near $91
WTI settled above $91 as fresh Iran strikes offset signals of easing market tightness.