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Crude oil
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…
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…
Crude Oil
Romania's Crude Oil Production Down 3.4pct in Q1 2024, Imports Drop 15.1pct (Statistics)
In the first quarter of 2024, Romania produced 682,400 tonnes of oil equivalent (toe) of oil, 23,900 toe less (-3.4%) than in the same period of the previous ye…
Oil & Gas Trade
India Signs Landmark 10-Year Agreement to Manage Strategic Iranian Port of Chabahar
India has signed a landmark 10-year agreement to manage the strategic Iranian port of Chabahar — a significant move that will help it crank up trade with Centr…
Oil & Gas Trade
Kuwait Petroleum Renews Oil Supply Deal With China's Unipec Until 2033
Kuwait Petroleum Corp (KPC) has renewed its contract to supply 300,000 barrels per day of crude oil to China's Unipec, the trading arm of Asia's largest…
Crude Oil
India Saved $25 Billion by Importing Russian Crude Oil: Ministry Data
Imports of petroleum products also saw a dip in terms of value from $28.2 billion in 2022-23 to $25.1 billion in 2023-24Russian crude supplies and lower interna…
Oil & Gas Supply
Russia Cuts Oil Production by Less Than Agreed Last Month, Bloomberg Says
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…
Crude Oil
US Has Sufficient Oil Supply Reserve to Address Any Supply Concerns, Biden Adviser Says
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.…
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