by Thanvir | Apr 22, 2022 | Uncategorized
Vendor Management – its Benefits, Challenges, Process & Best Practices Vendor management is an organisation’s process which empowers it to take the necessary actions to limit the cost and reduce risks relating to the suppliers to ensure exemplary services...
by Thanvir | Apr 17, 2022 | Uncategorized
% Total Norway's Exports 2020 Billion NOK export value Oil Production in Norway: Norway is a European country located in the northwestern part of the continent. The country is known for its natural beauty, which includes mountains, forests, and lakes....
by Thanvir | Jan 14, 2021 | Benchmark Oil Price
Brent Crude To Average $50 in 2021 Brent crude, the world’s largest oil price benchmark, is likely to hit an average of nearly $ 50 a barrel this year as countries face the logistical challenge of deploying the vaccines necessary to quell the COVID-19 pandemic....
by Thanvir | Jan 13, 2021 | Benchmark Oil Price
“Saudi Arabia in particular is ensuring through its additional voluntary production cuts that the market is undersupplied if anything” Eugen Weinberg, Commerzbank “We advise investors with a high risk tolerance to be long Brent or to sell its...
by Thanvir | Oct 6, 2020 | crude oil bids offers
LONDON, Oct 6 (Reuters) – North Sea Forties crude ticked up on a higher bid from Alta, while Ekofisk fell as BP and Vitol offered to sell for less. LIVE CRUDE OIL BIDS OFFERS * Indications are on a fob basis unless marked as cif. * Forties: Alta bid at dated...
by Thanvir | Jun 4, 2020 | Benchmark Oil Price, Uncategorized
BP has started evacuating workers from three platforms in the Gulf of Mexico and shutting down production as tropical storm Cristobal approaches the area before landing in Louisiana this weekend. Reuters reports that the platforms that are being evacuated are Thunder...
by Thanvir | May 21, 2020 | Benchmark Oil Price, Oil Price Reporting Agency
The physical crude oil markets signal a rapid shift from a huge oversupply at the peak of the coronavirus locks in April to an expected under-supply in the second half of the year. Brent’s six-week calendar spread shrank to less than 70 cents a barrel from more than $...
by Thanvir | Apr 22, 2020 | Benchmark Oil Price, Oil Price Reporting Agency
Brent futures for June delivery fell 15% to trade near $ 16 a barrel, while New York’s West Texas Intermediate fell 5% after losing nearly half its value on Tuesday. Prices continue to plummet as fears that the massive flooding that brought WTI to minus $ 40.32 a...
by Thanvir | Mar 28, 2020 | Benchmark Oil Price
The largest oil producer in Africa, Nigeria, caught up in the Saudi-Russian oil price war, has reduced its crude oil considerably and tried to pump as much as possible to keep customers in the unprecedented decline in demand. However, the price to be paid in the oil...
by Thanvir | Mar 21, 2020 | Benchmark Oil Price
Canada Prepares Multi-Billion Bailout for Oil Industry The Canadian federal government is preparing a billion dollar financial aid package for the oil and gas industry and could announce it next week, reports Globe and Mail, citing unnamed sources. Actions discussed...
