Crude

Oil Price
Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low
On Sunday, Saudi Arabia, a leading global oil exporter, reduced crude oil prices for Asian buyers for May deliveries, setting them at the lowest level in four m…
Crude Oil
Mexico’s Finance Ministry Estimates Crude Oil Production 129,000 Bpd Below Target
Mexico has adjusted its crude oil production forecast for 2025, reducing the estimate by 129,000 barrels per day (bpd). The finance ministry announced this chan…
Biofuel
Malaysia to Keep Crude Palm Oil Export Duty Rate at 10% in April
The Palm Oil Authority of Malaysia has issued a notice stating that the export duty rate for crude palm oil will remain at 10% in April and its benchmark price …
Crude Oil
Crude Oil Exports by Mexico’s Pemex Rise 33% in February From January
Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still …
Crude Oil
Iraq’s Kurdistan Crude Output at 286,000 Bpd, Oil Minister Says
Iraq’s Kurdistan region is producing 286,000 barrels of crude oil per day, Iraqi oil minister Hayan Abdel-Ghani told state television on Sunday, citing se…
Crude Oil
EIA Raises USA Crude Oil Production Forecast
The U.S. Energy Information Administration (EIA) raised its U.S. crude oil production forecast for 2025 and 2026 in its latest short term energy outlook (STEO),…
Crude Oil
Nigerian Player Sets Sights on Offshore Production Ramp-Up, Targeting 20+ Wells in 2025
Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.While speakin…
Crude Oil
Turkiye’s Daily Oil Production Reaches 132,000 Barrels
Turkiye significantly increased its domestic oil production, reaching a daily output of 132,000 barrels as of March, Turkish Energy and Natural Resources Minist…
Biofuel
The End of Cheap Palm Oil? Output Stalls as Biodiesel Demand Surges
Prices of cooking oil could be buoyed up for years by stagnating production and a biodiesel push in top producer Indonesia that are making traditionally cheap p…
Crude Oil
Mexico President Says Problems With Salt Content in Crude Oil Solved
Mexican President Claudia Sheinbaum said on Thursday that problems with a higher-than-usual content of salt in the crude oil that state energy company Pemex pum…
Crude Oil
Oil Trade Group Pushes Us for National Ethanol Policy After EPA Okays Midwest Expansion
Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023.On Monday, the American Petroleum Institute (API), a trade gro…
Crude Oil
Shearwater Geoservices Gets Work in Oil-Rich Guyana With Exxonmobil
Oil India has announced that it has signed a memorandum of understanding (MoU) with Mineral Exploration and Consultancy (MECL) to collaborate in the exploration…
Oil&Gas Drilling
CNOOC Starts Production in Luda 5-2 North Phase 2 in Bohai Sea
'CNOOC Limited made major technological breakthroughs in this project and significantly enhanced the development efficiency of offshore super heavy oil'…
Crude Oil
Centrica to Supply Petrobras With LNG Until 2040s
GasLog WestminsterBrazil’s state-owned energy giant Petrobras has signed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with t…
Crude Oil
Colombia’s Ecopetrol Books Biggest Increase in Proven Oil, Gas Reserves in Three Years
Oil pumpjacks are pictured in an Ecopetrol oil field in Barrancabermeja, Colombia October 11, 2024.Colombia's Ecopetrol (ECO.CN), booked its biggest increase in…

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Crude

Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low

Mexico’s Finance Ministry Estimates Crude Oil Production 129,000 Bpd Below Target

Malaysia to Keep Crude Palm Oil Export Duty Rate at 10% in April

Crude Oil Exports by Mexico’s Pemex Rise 33% in February From January

Iraq’s Kurdistan Crude Output at 286,000 Bpd, Oil Minister Says

EIA Raises USA Crude Oil Production Forecast

Nigerian Player Sets Sights on Offshore Production Ramp-Up, Targeting 20+ Wells in 2025

Turkiye’s Daily Oil Production Reaches 132,000 Barrels

The End of Cheap Palm Oil? Output Stalls as Biodiesel Demand Surges

Mexico President Says Problems With Salt Content in Crude Oil Solved

Oil Trade Group Pushes Us for National Ethanol Policy After EPA Okays Midwest Expansion

Shearwater Geoservices Gets Work in Oil-Rich Guyana With Exxonmobil

CNOOC Starts Production in Luda 5-2 North Phase 2 in Bohai Sea

Centrica to Supply Petrobras With LNG Until 2040s

Colombia’s Ecopetrol Books Biggest Increase in Proven Oil, Gas Reserves in Three Years