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Saudi Arabia Acquires More Tankers

Saudi Arabia Acquires More Tankers

Saudi Arabia's National Shipping Co., formally known as Bahri, has booked 8 additional supertankers to ship oil from the kingdom's main oil ports this month and the next in anticipation of a sharp increase in production. While preliminary bookings such as this...

2019’s Top Oil Producers

2019’s Top Oil Producers

Oil is one of the most important economic and strategic resources in the world. The extraction of oil plays a major role in many national economies, although some nations do produce much more than others. In fact, the world's five biggest oil producers account for...

Crude Oil Trading

Crude Oil Trading

Of the many financial assets you can own, crude oil is one of the few that provide an opportunity to profit in nearly any economic condition. The commodity is deeply ingrained within the global economic and political markets. Furthermore, volatility within the energy...

Sectors of the Oil and Gas Industry

Sectors of the Oil and Gas Industry

It takes a lot of planning and processing to bring crude oil or natural gas to the marketplace. Oil, in general, is composed of the remains of dead organisms, such as plants and plankton, deep underneath sedimentary layers of soil. It's how these organisms are...

Flared and Vented Natural Gas

Flared and Vented Natural Gas

Last year was a record year for the U.S. drilling industry. In 2019, the country’s drilling industry flared or vented more natural gas for a third year in a row. Most of the flaring and venting took place at production sites in North Dakota, New Mexico, and Texas. ...

Oil Freight Record from US Gulf Coast

Oil Freight Record from US Gulf Coast

New international oil shipping regulations and rising demand for crude in Europe and the Mediterranean drove oil freight rates up to record levels in late 2019, according to Reuters. US Gulf Coast Aframax crude tankers, which are medium-sized delivery ships, have been...