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Crude
Crude Oil
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record …
Oil & Gas Trade
Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in…
China
CNOOC Sees Record Oil and Gas Output From Independent Field
China National Offshore Oil Corporation (CNOOC) has revealed a record cumulative production of nine billion cubic metres (bcm) of natural gas and more than 900,…
Oil & Gas Trade
OPEC Trims Its China Crude Demand Forecast, but Nowhere Near Enough: Russell
An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022OPEC…
Malaysia
Sabah Sells Sixth Crude Oil Cargo, Secures RM100 Million Revenue
The CCA gives the state greater revenue sharing, greater say and greater participation in the oil and gas value chain in Sabah.Sabah has sold its sixth crude oi…
Crude Oil
Exclusive: Oil Group Mol’s Refineries Shift to Non-Russian Crude Faces Delay
Fuel prices are seen on a board at a gas station of Hungarian oil company MOL Group in Esztergom, Hungary, January 21, 2023. REUTERS/Marton Monus/File Photo Pur…
Crude Oil
One Dead, Several Injured After Leak at Pemex Deer Park Plant in Texas
One person died and several more were injured on Thursday after a chemical leak at Pemex's 312,500-barrels-per-day Deer Park refinery in Texas."The Harris C…
Oil & Gas Supply
US Seeks up to 6 Million Barrels of Oil for Strategic Reserve
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil & Gas Supply
Over 40% of US Gulf of Mexico Oil Output Shut-in by Francine
About 42% of crude oil production and 53% of natural gas output in the U.S. Gulf of Mexico were shut-in on Thursday in the wake of Hurricane Francine, the U.S. …
Oil & Gas Trade
Iraq’s Oil Exports to US Surpass 46 Million Barrels in Six Months
Baghdad (IraqiNews.com) – In the first half of 2024, Iraq exported more than 46 million barrels of crude oil to the US, according to a report released on Wedne…
Crude Oil
Bohai Oilfield Posts Record-High Crude Oil Daily Output
A full moon is seen over an oil production platform in Bohai Oilfield, Sept. 29, 2023. [Photo/Xinhua]The daily output of crude oil in Bohai Oilfield, China'…
Oil&Gas Drilling
Indonesia Seeks 10 Million Barrels of Oil to Build First Reserve
Indonesia plans to set aside more than 10 million barrels of crude — about a 10th of global daily consumption — over the next decade as a buffer against energ…
Oil & Gas Trade
Exxon Vessels Resume Full Oil Output in Guyana After Pipeline Work
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsAn Exxon Mobil (XOM.N),…
Oil Price
Oil strengthens as fall estimated in US crude inventories
Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eas…
Oil & Gas Supply
Nigeria’s dangote refinery, others seek 597,700 bpd of oil amid tight supply
Nigerian refineries including the Dangote Refinery have raised their domestic crude requirements for the second half of 2024 to 597,700 barrels per day from 483…
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