Barrel - Energy Aggregated

U.S. crude oil inventories decrease by 5.7 million barrels

Oil & Gas 360º

MARCH 12, 2025

million barrels from the previous week. million barrels, U.S. million barrels per day during the week ending March 7, 2025, which was 321 thousand barrels per day less than the previous weeks average. million barrels per day. million barrels per day. million barrels per day. million barrels last week.

Crude Oil

Crude Oil Barrel Oil Petroleum

U.S. crude oil inventories increase by 3.6 million barrels

Oil & Gas 360º

MARCH 5, 2025

million barrels from the previous week. million barrels, U.S. million barrels per day during the week ending February 28, 2025, which was 346 thousand barrels per day less than the previous weeks average. million barrels per day. million barrels per day. million barrels per day. Imports U.S.

Crude Oil

Crude Oil Barrel Oil Petroleum

Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws

OilPrice

MARCH 12, 2025

million barrels during the week ending March 7, according to new data from the U.S. Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. Energy Information Administration released on Wednesday.

American Petroleum Institute

American Petroleum Institute Crude Oil Barrel API

Draws in Fuel Stocks Counter Crude Inventory Build

OilPrice

MARCH 11, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. million-barrel build. So far this year, crude oil inventories have climbed nearly 17 million barrels, according to Oilprice calculations of API data. million barrels to 395.6

American Petroleum Institute

American Petroleum Institute Crude Oil API Barrel

Oil Prices Continue Downward Spiral Amid Market Chaos

OilPrice

MARCH 10, 2025

per barrel at 1.44 per barrel. Oil markets have kicked off the new week on the back foot with the oil price selloff deepening amid a raft of bearish catalysts. Brent crude for May delivery fell 1.38% to trade at $69.39 pm ET on Monday, while WTI crude for April delivery declined 1.37% to change hands at $66.12

Oil

Oil Crude Oil Barrel

Oil Prices Rebound on Resilient Demand Signals

OilPrice

MARCH 12, 2025

per barrel, with West Texas Intermediate at $66.75 per barrel, as the U.S. Crude oil prices inched higher after starting the week with sharp losses, amid reports of rebounding Asian imports and a weaker dollar that should stimulate stronger demand. At the time of writing Brent crude was trading at $70.05

Oil

Oil Crude Oil Barrel Gas

Indonesia Bets Big on Oil With $12.5 Billion Refinery Gamble

OilPrice

MARCH 6, 2025

The government announced plans for the 531,500-barrel-per-day facility, making it one of the largest in the regionbecause when youre an economy growing as fast as Indonesias, relying on imports just isnt cutting it anymore.

Refinery

Refinery Oil Barrel Government

Why Russian Gas Flows To Europe Are Unlikely To Resume Any Time Soon

OilPrice

MARCH 6, 2025

million barrel per day cut from April. A statement posted on OPEC's website on Monday revealed that Saudi Arabia, Russia, the United Arab Emirates, Iraq, Kuwait, Kazakhstan, Oman and Algeria will start unwinding a 2.2

Barrel

Barrel Gas Oil

USA Crude Oil Inventories Rise by 4.6MM Barrels WoW

Rigzone: News

FEBRUARY 21, 2025

million barrels on February 14, according to the EIA. Crude oil stocks, not including the SPR, stood at 432.5

Crude Oil

Crude Oil Barrel Oil

U.S. Energy Secretary: Shale Could Boost Production Even at $50 Oil

OilPrice

MARCH 10, 2025

shale producers could increase production even if oil prices fell to $50 per barrel as the sector continues to innovate and boost efficiency gains, U.S. Secretary of Energy Chris Wright told the Financial Times. The shale industry can sustain a lower price of oil, according to Wright, a former boss at fracking firm Liberty Energy.

Oil

Oil Energy Energy Barrel

Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Output Inches Up

OilPrice

MARCH 7, 2025

per barrel over Oman/Dubai, a 40-cent cut. Saudi Arabia just dialed back its crude prices for Asia, according to Aramcos just-published rate sheet. The company has trimmed official selling prices (OSPs) for the first time in three months, with Aramcos April price sheet now showing Arab Light at $3.50 sanctions squeezing Russian supply.

Barrel

Barrel Oil IT

EIA STEO: Oil’s Tight Squeeze To Create Price Pop Before the Drop

OilPrice

MARCH 11, 2025

Brent crude prices are inching up from $70 per barrel to a newly forecasted $75/b by Q3, the EIA has said in its latest Short Term Energy Outlook released on Tuesday. The first half of 2025 is shaping up to be a squeeze play for global oil markets. Supply is tightening thanks to ongoing production declines in Iran and Venezuela. The result?

Barrel

Barrel Oil IT Energy

India’s Oil Imports From Russia Rebound After Initial Sanctions Chaos

OilPrice

MARCH 12, 2025

Traders have booked more non-sanctioned tankers to deliver crude to India, while the price of Russias flagship Urals grade has dropped to below the $60 per barrel price cap by the G7, allowing shipments involving Western companies, Reuters reports, citing ship-tracking data and trading sources. sanctions on Russias oil trade.

Oil

Oil Crude Oil Barrel

Alberta Discuses Heavy Oil Sales With Large Overseas Buyer

OilPrice

MARCH 12, 2025

The potential deal with the multinational company, which Alberta didnt name, would be a first-of-its-kind transaction that would see the overseas transport and sale of about 2 million barrels per month of Government of Alberta owned heavy oil via the Alberta Petroleum Marketing Commission (APMC). Given the significant volume of conventional

Oil

Oil Petroleum Barrel Government

U.S. Oil Exports to India Jump Amid Sanctions on Russia

OilPrice

MARCH 6, 2025

crude oil exports to India jumped to 357,000 barrels per day (bpd), according to vessel-tracking data from Kpler cited by Reuters. The United States exported in February the highest crude oil volumes to India in more than two years as Indian refiners scramble for alternative supply after the latest U.S. sanctions on Russias oil trade.

Crude Oil

Crude Oil Oil Barrel

Rystad: Oil Prices Under Pressure, But Don’t Expect a Freefall

OilPrice

MARCH 7, 2025

Brent crude briefly dipped near $69 per barrel as markets reacted to OPEC+s decision to gradually increase output starting in April, while ongoing tariff drama from Washington continues to rattle demand expectations. Oil prices took a hit this week, and according to Rystad Energy, the bearish mood is realbut temporary.

Oil

Oil Barrel Energy Energy

U.S. LNG's Kingmaker Status Has an Expiration Date

OilPrice

MARCH 11, 2025

was staring down the barrel of energy scarcity. Thanks to the shale revolution and a penchant for hydraulic fracturing (fracking), the U.S. has transformed from energy junkie to pusher, with liquefied natural gas (LNG) as its hottest commodity. The Shale Gale: A Brief History In the early 2000s, the U.S.

Hydraulic Fracturing

Hydraulic Fracturing Natural Gas Barrel Gas

Nigeria Boosts Oil Production Above Its OPEC+ Quota

OilPrice

MARCH 7, 2025

Higher exports and increased demand from the huge new African refinery, Dangote, pushed Nigerias oil production in February 70,000 barrels per day (bpd) above its OPEC+ quota of 1.5 million bpd, a Reuters survey showed. Last month, Nigerian production exceeded its quota in the OPEC+ agreement by the most among all participants.

Oil

Oil IT Refinery Barrel

Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project

OilPrice

MARCH 11, 2025

billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of condensate at the Longtail project, per the request for environmental authorization from Guyana seen by Reuters. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5

Natural Gas

Natural Gas Oil Gas IT

Indonesia Doubles Capacity of New Refinery Projects to 1 Million Bpd

OilPrice

MARCH 11, 2025

Indonesia is doubling to 1 million barrels per day (bpd) the planned capacity of the new refineries it will build in an effort to boost its energy security and downstream industry.

Refinery

Refinery Downstream Barrel Energy

China’s Oil Imports Could Rise as Newest Refinery Begins Trial Runs

OilPrice

MARCH 10, 2025

Shandong Yulong Petrochemical, the newest refiner in China, is set to begin trial runs at a 200,000-barrels per day crude processing unit later this month, traders familiar with the facilitys plans told Reuters on Monday, in what could be a boost to Chinese crude oil imports in the coming months.

Refinery

Refinery Oil Crude Oil Barrel

USA Crude Oil Inventories Rise by More Than 4MM Barrels WoW

Rigzone: News

FEBRUARY 13, 2025

million barrels, U.S. crude oil inventories are about four percent below the five year average for this time of year,' the EIA said.

Crude Oil

Crude Oil Barrel Oil

Kazakhstan in Talks With Big Oil to Cut Output

OilPrice

MARCH 11, 2025

Kazakhstan has been one of the most consistent laggards, alongside Iraq and Russia, but now it is trying to reverse the trend and make up for the excess production by cutting around 620,000 barrels daily.

Oil

Oil Barrel Field Government

Panama Canal Considers Pipeline to Ship Gas to Asia

OilPrice

MARCH 11, 2025

We're exploring the possibility of rolling out infrastructure with the capacity to move up to a million barrels per day (bpd), but the market is much larger, Vasquez told Reuters. to Japan, according to the canal administrator Ricaurte Vasquez.

Pipeline

Pipeline Gas Petroleum Barrel

Iraqi Oil Export Talks And Without A Deal

OilPrice

MARCH 6, 2025

Export flows to Trkiye's Ceyhan port stopped two and half years ago after Ankara halted Iraqs 450,000 barrels per day (bpd) of exports through the Iraq-Trkiye pipeline following an ICC ruling that Trkiye should pay Baghdad damages of $1.5 billion for unauthorized exports by the KRG.

Oil

Oil Barrel Pipeline

ExxonMobil, Global Clean Energy Expand Renewable Diesel Agreement

NGT News

APRIL 26, 2021

ExxonMobil, a publicly traded international energy company, and Global Clean Energy, a developer of sustainable, non-food energy crops for use in biofuels, have expanded their five-year agreement to increase ExxonMobil’s purchase of renewable diesel up to 5 million barrels per year.

Energy

Energy Energy Barrel Sustainable

Macquarie Strategists Forecast US Crude Inventory Build of Over 7MM Barrels

Rigzone: News

FEBRUARY 12, 2025

million barrels for the week ending February 7. Macquarie strategists are forecasting that U.S. crude inventories will be up by 7.2

Barrel

Offline for a Decade, Libya’s Mabruk Field Restarts Production

OilPrice

MARCH 12, 2025

Production officially restarted on Sunday at an initial rate of 5,000 barrels per day, with plans for an increase to 25,000 bpd by July. Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) revealed on Wednesday. mb/d currently to 2 mb/d in 2028.

Field

Field Shutdown Barrel Oil

USA Crude Oil Stocks Drop 2MM Barrels WoW

Rigzone: News

JANUARY 16, 2025

million barrels on January 10, the EIA revealed. Crude oil stocks, excluding the SPR, stood at 412.7

Crude Oil

Crude Oil Barrel Oil

USA Crude Oil Inventories Drop 1MM Barrels WoW

Rigzone: News

JANUARY 9, 2025

million barrels on January 3, according to the EIA. Crude oil stocks, excluding the SPR, stood at 414.6

Crude Oil

Crude Oil Barrel Oil

Whitecap and Veren Merge to Create US$10-Billion Canadian Light Oil Producer

OilPrice

MARCH 10, 2025

billion (C$15 billion), and 370,000 barrels of oil per day (boe/d) of production, 63% of The firms announced that they had entered into a definitive business combination agreement to combine in an all-share transaction valued at approximately US$10.4 billion (C$15 billion), inclusive of net debt.

Oil

Oil Condensate Barrel

USA Crude Oil Inventories Drop 1 Million Barrels WoW

Rigzone: News

JANUARY 24, 2025

million barrels on January 17, according to the EIA. Crude oil stocks, excluding the SPR, stood at 411.7

Crude Oil

Crude Oil Barrel Oil

USA Crude Oil Stocks Drop by 1.4MM Barrels WoW

Rigzone: News

DECEMBER 12, 2024

million barrels on December 6, according to the EIA. Crude oil stocks, not including the SPR, stood at 422.0

Crude Oil

Crude Oil Barrel Oil

Strategists Forecast Near 8MM Barrel USA Crude Inventory Drop

Rigzone: News

JANUARY 22, 2025

million barrels for the week ending January 17. Macquarie strategists are forecasting that U.S. crude inventories will be down 7.9

Barrel

5 Awesome New Features for Gun Barrel Plots

Exprodat

APRIL 9, 2024

of Unconventionals Analyst for ArcGIS Pro (due out within a few months), I couldn’t help but give you folks a sneak peek of whats coming your way by sharing some of the new features we are including to help take your gun barrel plots to the next level. As we progress towards releasing version 3.2 So, in v3.2 Before v3.2,

Barrel

Barrel Management IT

USA Crude Oil Inventories Drop More Than 4MM Barrels WoW

Rigzone: News

DECEMBER 31, 2024

million barrels on December 20, according to the EIA. Crude oil stocks, not including the SPR, stood at 416.8

Crude Oil

Crude Oil Barrel Oil

USA Crude Oil Inventories Rise by Almost 9MM Barrels WoW

Rigzone: News

FEBRUARY 7, 2025

million barrels on January 31, according to the EIA. Crude oil stocks, not including the SPR, stood at 423.8

Crude Oil

Crude Oil Barrel Oil

Macquarie Strategists Forecast Near 4MM Barrel USA Crude Inventory Drop

Rigzone: News

DECEMBER 27, 2024

million barrels for the week ending December 20. Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be down by 3.8

Barrel

Oil Gains on Truce Hopes but Closes Week Lower

Rigzone

MARCH 7, 2025

a barrel, yet oil remains down 3.9% WTI climbed 0.7% to settle at $67.04 for the week as trade and supply concerns continue.

Oil

Oil Barrel

Trade War Uncertainty Keeps Oil Traders on Edge

OilPrice

MARCH 7, 2025

OPEC+ Production Hike Adds to Bearish Sentiment OPEC+ surprised the market with its decision to raise production quotas for the first time since 2022, adding 138,000 barrels per day While a short-term technical rebound was observed, the broader downtrend remains intact.

Oil

Oil Crude Oil Barrel IT

Oil Prices Rebound as Market Metrics Signal Oversold Conditions

Rigzone

MARCH 11, 2025

per barrel, supported by strong supply-demand metrics, even as global economic concerns and trade risks persist. WTI rose 0.3%

Barrel

Barrel Oil

Scraping the barrel

Energy Central

FEBRUARY 10, 2022

Originally posted here. Does the winter energy crunch mark the start of a much longer energy crisis? New studies into the oil industry’s diminishing energy returns (EROI) suggest we are slipping down a perilous energy cliff.

Barrel

Barrel Oil Energy Energy

Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

MARCH 6, 2025

That compared to an average of 50 cents a barrel a year ago, when record crude production at the top U.S. million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. million barrels last week, its highest level in four months.

Refinery

Refinery Barrel Pipeline Crude Oil

Alberta government says premier in talks with potential overseas heavy oil buyer

BOE Report

MARCH 11, 2025

CALGARY – The Alberta government says Premier Danielle Smith has been in talks with a multinational oil and petrochemical player about selling two million barrels per month of province-owned heavy oil. It said in a news release that there was a meeting on Monday, but it did not identify the company or say what part [Read more]

Government

Government Oil Barrel IT

U.S. crude oil inventories decrease by 5.7 million barrels

U.S. crude oil inventories increase by 3.6 million barrels

Trending Sources

Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws

Draws in Fuel Stocks Counter Crude Inventory Build

Oil Prices Continue Downward Spiral Amid Market Chaos

Oil Prices Rebound on Resilient Demand Signals

Indonesia Bets Big on Oil With $12.5 Billion Refinery Gamble

Why Russian Gas Flows To Europe Are Unlikely To Resume Any Time Soon

USA Crude Oil Inventories Rise by 4.6MM Barrels WoW

U.S. Energy Secretary: Shale Could Boost Production Even at $50 Oil

Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Output Inches Up

EIA STEO: Oil’s Tight Squeeze To Create Price Pop Before the Drop

India’s Oil Imports From Russia Rebound After Initial Sanctions Chaos

Alberta Discuses Heavy Oil Sales With Large Overseas Buyer

U.S. Oil Exports to India Jump Amid Sanctions on Russia

Rystad: Oil Prices Under Pressure, But Don’t Expect a Freefall

U.S. LNG's Kingmaker Status Has an Expiration Date

Nigeria Boosts Oil Production Above Its OPEC+ Quota

Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project

Indonesia Doubles Capacity of New Refinery Projects to 1 Million Bpd

China’s Oil Imports Could Rise as Newest Refinery Begins Trial Runs

USA Crude Oil Inventories Rise by More Than 4MM Barrels WoW

Kazakhstan in Talks With Big Oil to Cut Output

Panama Canal Considers Pipeline to Ship Gas to Asia

Iraqi Oil Export Talks And Without A Deal

ExxonMobil, Global Clean Energy Expand Renewable Diesel Agreement

Macquarie Strategists Forecast US Crude Inventory Build of Over 7MM Barrels

Offline for a Decade, Libya’s Mabruk Field Restarts Production

USA Crude Oil Stocks Drop 2MM Barrels WoW

USA Crude Oil Inventories Drop 1MM Barrels WoW

Whitecap and Veren Merge to Create US$10-Billion Canadian Light Oil Producer

USA Crude Oil Inventories Drop 1 Million Barrels WoW

USA Crude Oil Stocks Drop by 1.4MM Barrels WoW

Strategists Forecast Near 8MM Barrel USA Crude Inventory Drop

5 Awesome New Features for Gun Barrel Plots

USA Crude Oil Inventories Drop More Than 4MM Barrels WoW

USA Crude Oil Inventories Rise by Almost 9MM Barrels WoW

Macquarie Strategists Forecast Near 4MM Barrel USA Crude Inventory Drop

Oil Gains on Truce Hopes but Closes Week Lower

Trade War Uncertainty Keeps Oil Traders on Edge

Oil Prices Rebound as Market Metrics Signal Oversold Conditions

Scraping the barrel

Weak refinery, export demand weakens prices for Midland crude along Texas coast

Alberta government says premier in talks with potential overseas heavy oil buyer

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