Crude

Oil & Gas Trade

India Raises Windfall Tax on Petroleum Crude

File photo: Storage tanks of an oil refinery of Essar Oil, which runs India's second biggest private sector refinery, are pictured in Vadinar in the western…

Crude Oil

Oil Prices Tick up as Crude, Gasoline Inventories Ease

FILE PHOTO: A view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakho…

Crude Oil

Oil Prices Inch up on Large US Crude Stock Draw

An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar…

Oil&Gas Drilling

China's Bohai Oilfield Completes Drilling of 6,088-Meter Well

The Bohai Oilfield, China's largest offshore crude oil production base, has completed the drilling operations of a new 6,088-meter-deep well, the China Nati…

Oil & Gas Trade

India's May Oil Imports: Russia at Record High, Saudi Lowest in 10-Mth

A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo Purchase Licensing RightsIndi…

Crude Oil

Oil Prices Rise on US Crude Draw; Jobs Data Feeds Rate Cut Hopes

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/Fil…

Oil & Gas Supply

Russia's Oil Output Exceeded OPEC+ Quotas in May, Pledges to Meet Obligations

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo…

Oil&Gas Drilling

Woodside's Sangomar Project Produces First Oil in Senegal

Senegal's Sangomar oil and gas field has produced its first oil, operator Woodside Energy (WDS.AX), opens new tab said on Tuesday, turning the West African …

Oil & Gas Trade

US Buys 3 Million Barrels of Oil for Strategic Petroleum Reserve

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo Purchas…

Crude Oil

China's Rongsheng buys first Canadian TMX crude oil cargo, traders say

Chinese refiner Rongsheng Petrochemical (002493.SZ), opens new tab has bought its first Canadian crude cargo via the recently expanded Trans Mountain pipeline f…

Oil & Gas Trade

Petronas Signs Energy MoU With Sinopec

'The collaboration will focus on sustainable growth in the areas of commodity and specialty chemicals, crude oil and liquefied natural gas trading, lubrican…

Oil Price

Preview Saudi Arabia May Cut July Oil Prices to Asia for First Time in 5 Months

General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/file photo Purchase Licensing Rig…

Crude Oil

Saudi Crown Prince Promises Stable Oil Supply to Japan

Saudi Crown Prince and Prime Minister Mohammed bin Salman meets with U.S. Secretary of State Antony Blinken at the Al Yamamah Palace in Riyadh, Saudi Arabia, Ap…

Oil and Gas Equipment

OMV Petrom Commissions Largest Crude Oil Tank in Romania

OMV Petrom (BVB: SNP) announced it commissioned a new crude oil tank, the largest in Romania, on the Petrobrazi refinery platform to ensure the smooth operation…

Oil & Gas Trade

Saudi Arabia's Crude Exports Hit Nine-Month High in March

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Lic…