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Oil, Sverdrup
Oil settles flat as Sverdrup field restart counters geopolitical concerns
Oil prices settled slightly higher on Tuesday as signs of escalation of the Russia-Ukraine war turned investors cautious, but the partial restart of production in Norway's Johan Sverdrup oilfield limited gains.
Oil Steadies as Sverdrup Restart eases Geopolitical Jitters
Oil prices traded steady on Tuesday as Norway's Johan Sverdrup oilfield restarted production and there were reports of Iran offering to cap its uranium stockpile, factors that offset investor concerns about escalation of the Russia-Ukraine war.
Oil prices slip on Sverdrup field restart, geopolitical fears support
Brent crude futures were down 45 cents to $72.85 a barrel by 0915 GMT, while U.S. West Texas Intermediate crude futures slipped by 46 cents to $68.70
Johan Sverdrup oil field, Norway
Norway's massive Johan Sverdrup oilfield shut by power outage
Norway's Equinor has halted output from its Johan Sverdrup oilfield, western Europe's largest, due to an onshore power outage, the company said on Monday.
Europe’s Largest Oilfield Resumes Production After Power Outage
Norway's Johan Sverdrup oilfield, Western Europe's largest, has resumed production after a brief outage caused by a power failure.
Norway's Johan Sverdrup oilfield shut by power outage, lifting Brent crude
Equinor (NYSE:EQNR) said Monday it has stopped production from its Johan Sverdrup oilfield, western Europe's largest with production of ~750K boe/day, helping to boost futures prices. Brent front-month January crude oil (CO1:COM) trades +2.
3h
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Mostly Flat As Norway’s Johan Sverdrup Oilfield Resumes Production
WTI oil is mostly flat as traders focus on the partial restart of Norway’s Johan Sverdrup oilfield. If WTI oil manages to ...
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10h
Equinor restores partial production at Johan Sverdrup
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14h
Oil prices surge on supply disruptions, but contango hints at short-lived rally
Oil prices rose on Tuesday, extending steep gains from the previous session as production was halted at Norway’s Johan ...
11h
Oil News: Sverdrup Restart Pressures Prices as Market Awaits Fresh Catalysts
Supply concerns ease with Sverdrup’s restart, but geopolitical risks and Kazakhstan’s outage keep traders alert in a volatile ...
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