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Top Oil Price News
Saudi Aramco · Saudi ArabiaSaudi Aramco on Tuesday posted a 0.9% jump in third-quarter profit, beating expectations on the back of higher production even as oil prices remained under pressure.See the Story
World's largest oil company Aramco reports higher third-quarter net profit on production boost
45% Center coverage: 18 sources
SanctionsIraq’s state oil marketing company SOMO has canceled three crude loadings from Russia’s Lukoil this month after the U.S. sanctioned the second-biggest Russian oil producer last month, market sources have told Reuters. Lukoil has a 75% equity stake in Iraq’s giant West Qurna-2 oilfield, which produces more than 400,000 barrels per day (bpd) of crude oil. The three loadings from Lukoil from its production at West Qurna-2 were scheduled for Novembe…See the Story
Iraq Cancels Lukoil Cargoes as U.S. Sanctions Bite
83% Left coverage: 6 sources
European Economy · HungaryU.S. energy giant ExxonMobil will not be able to continue doing business in the European Union if the bloc does not significantly loosen a sustainability law that could impose fines of 5% of global revenue, Chief Executive Darren Woods said on Monday.See the Story
ExxonMobil warns EU law could force exit from Europe
66% Center coverage: 6 sources
