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Crude Oil
Biden Administration Slowly Replenishes Strategic Oil Reserve
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre…
Oil&Gas Drilling
Metamorphic Rock Oilfield in Bohai Sea Sees Cumulative Proven Reserves Over 200 Mln Cubic Meters
China's largest offshore crude oil and natural gas producer announced Sunday that the cumulative proven oil and gas reserves of its Bozhong 26-6 oilfield ha…
Crude Oil
Exclusive: Biden Administration to Approve E15 Gasoline Expansion Starting in 2025, Sources Say
A sign advertising E15, a gasoline that contains 15% ethanol, is seen at a gas station in Clive, Iowa, United States, May 17, 2015. REUTERS/Jim Young Purchase L…
Oil & Gas Trade
Russia's Crude Oil Delivery Problems to India Aren't Over Yet
A worker guides drilling pipes at a gas drilling rig on the Gazprom PJSC Chayandinskoye oil, gas and condensate field, a resource base for the Power of Siberia …
Oil & Gas Trade
US Awards SPR Contracts Worth $229.5 Million to Exxonmobil, BP, Others
The Biden administration has awarded Strategic Petroleum Reserve (SPR) contracts for 2.95 million barrels of oil worth about $229.5 million to four companies, t…
Crude Oil
Asia Crude Oil Imports Start 2024 Strongly as India Leads
A general view of a crude oil importing port in Qingdao, Shandong province, November 9, 2008. A Chinese industry body said it could review rules covering the im…
Oil & Gas Trade
Russia Cuts Gasoline, Diesel Exports to Offset Refinery Outages
Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tati…
Oil Price
Oil Prices Settle Down Slightly on More Supply in US and Abroad
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…
Crude Oil
Russia Passed Saudi Arabia as Biggest Supplier of Crude Oil to China in 2023
Data released from China on Saturday showed that Russia became China’s top crude oil supplier in 2023, exporting far more than other major oil exporters s…
Oil & Gas Trade
US Buys 3.2 Million Barrels of Oil for Strategic Petroleum 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 Trade
Bulgaria Replacing Russian Crude With Oil From Kazakhstan, Iraq, Tunisia
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…
Crude Oil
Totalenergies Restarts Port Arthur, Texas, Crude Units -Sources
TotalEnergies (TTEF.PA) on Friday restarted the large crude distillation unit (CDU) and large vacuum distillation unit (VDU) at its 238,000 barrel-per-day (bpd)…
Crude Oil
All Crude Units Shut at Totalenergies Texas Refinery -Sources
Both crude distillation units (CDUs) and two vacuum distillation units (VDUs) shut down on Thursday at TotalEnergies (TTEF.PA) 238,000 barrel-per-day (bpd) Port…
Oil & Gas Trade
Transneft: Russian Oil Exports via Its Network Down 6.5% in 2023
A general view shows the Achinsk refinery, which was acquired by Rosneft company in 2007 and currently processes West Siberian crude delivered via the Transneft…
Oil&Gas Drilling
US Oil Output to Touch a Record High in 2024, but Growth Will Slow - EIA
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo …
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