Our free weekly round-up of the latest news in the oil market is below, available to download in PDF format.
- Prices boosted by $3/bbl by US debt limit extension
- US crude production at pre-Covid level at 12.7 mb/d and expect to rise further throughout the rest of the year
- OPEC output fell 490,000 b/d in May, but expected to increase by 80,000 b/d in June
- IEA chief stressed the importance of O&G with CCS in transition
- Activity picks up in the UK following acquisitions
- Namibia exploration activity is turbo charged
- Brazil starts a new phase of the giant Buzios
- Chevron submits a subsea development plan for Cypriot Aphrodite
- Equinor delays Bay du Nord for three years on cost grounds
- Repsol bullish on US GoM development
