Rystad Energy

8 results

Workers assess the condition of the Ever Given, a container ship operated by a company called Evergreen, which has blocked all traffic in the Suez Canal when it became wedged there.  Photograph: Suez Canal Authority via The New York Times

Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were diverted a(...)

Oil prices fell on Tuesday amid worries over renewed lockdowns. Photograph: iStock

Oil prices fell on Tuesday as worries over near term fuel demand in coronavirus-hit Europe and the United States haunted the market after an overnight(...)

Photograph: iStock

Oil prices were steady on Tuesday, sitting on losses of nearly 3 per cent from the previous session as supplies began to resume in Norway, the US Gulf(...)

Photograph: iStock

Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the co(...)

Amin Nasser, chief executive of Aramco: “Aramco is ready for the initial offer and the timing remains subject to the state’s decision,” he said on Friday.  Photograph: Hamad I Mohammed/Reuters

Saudi Aramco signalled another potential delay for the world’s largest initial public offering after it started talks this week to buy a stake in a lo(...)

Iranian students clash with riot police during an anti-government protest at the University of Tehran. Photograph:  EPA/STR

After capping its second annual gain, oil started 2018 by advancing toward $61 as US drilling activity remained at a standstill following a slip in pr(...)

A meeting of Opec’s oil ministers took place on Thursday. Photograph: Heinz-Peter Bader/Reuters

The world’s biggest oil producers have agreed to extend a deal to curb oil production throughout 2018 to shrink swollen stockpiles and keep prices abo(...)

Rystad Energy estimates recoverable oil in the US from existing fields, discoveries and yet undiscovered areas amounts to 264 billion barrels. Photograph: Lester Lefkowitz/Getty

The US holds more oil reserves than Saudi Arabia and Russia, the first time it has surpassed those held by the world’s biggest exporting nations, acco(...)