Brent added 29 cents, or 0.6%, to $45.28 a barrel , WTI rose 38 cents, or 0.9%, to $42.32 a barrel.

We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open. The event will take place on 12-13 November 2020, in Saint-Petersburg.

Brent rose 34 cents, or 0.8%, to $44.74 a barrel , WTI were up 47 cents, or 1.1%, to $41.69 a barrel.

The top country in terms of M&A deals activity in Q2 2020 was the US with 83 deals, followed by China with 33 and Canada with 21.

The Saudi Arabian Oil Company (“Aramco” or “the Company”) announced its results for the second quarter and first half of 2020,

Saudi Aramco capital expenditure was $6.2 billion in Q2 and $13.6 billion for the first half of 2020.

Oil production excluding the West Qurna-2 project was 40.2 million tonnes for the six months of 2020, which is 5.6% lower year-on-year

The worldwide rig count for July 2020 was 1,030, down 43 from the 1,073 counted in June 2020,

U.S. Rig Count is down 4 from last week at 247, Canada Rig Count is up 2 rigs from last week to 47

Brent fell 31 cents, or 0.7%, to $44.78, WTI slipped 39 cents, or 0.9%, to $41.56.

China's crude oil imports fell 6.7% to 12.13 million b/d in July from a record high 12.99 million b/d in June

In 2019, Iraq’s crude oil production averaged 4.7 mb/d.

Brent fell 7 cents to $45.10 a barrel, WTI was down 25 cents at $41.94.

The last time India witnessed negative growth in oil demand was in 2001 when consumption had fallen marginally from 2000 levels.

Over the same period, BP’s oil and gas production is expected to reduce by at least one million barrels of oil equivalent a day, or 40%, from 2019 levels.