Thursday, May 21, 2026
Saudis cut oil prices after OPEC+ restraint fuels rally- oil and gas 360

Saudis cut oil prices after OPEC+ restraint fuels rally

World Oil (Bloomberg) –Saudi Arabia reduced oil prices for its main buyers, a day after OPEC+ sent crude futures surging by sticking to a plan for slow and steady supply increases. State firm Saudi Aramco’s cuts for customers in Asia, Europe and the U.S. may take some of the sting out of that jump for refiners at a time when

Baker Hughes brings proven flare monitoring and management tech to upstream operations- oil and gas 360

Baker Hughes brings proven flare monitoring and management tech to upstream operations

World Oil HOUSTON and LONDON – Panametrics, a Baker Hughes business, has made its flare control and digital verification platform, flare.IQ, available to upstream operators for the first time. Flare.IQ was originally launched in 2017 to support oil and gas downstream operations, but a new feature enables upstream operators to better understand their flare emissions footprint. It will also improve