OilPrice

MARCH 12, 2025

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 per barrel, with West Texas Intermediate at $66.75 per barrel, as the U.S.

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Oil Crude Oil Barrel Gas 225

OilPrice

MARCH 12, 2025

Indian imports of crude oil from Russia appear to be rebounding in March following lower purchases earlier this year in the immediate aftermath of the January U.S. sanctions on Russias oil trade.

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Oil Crude Oil Barrel 245

Rigzone

MARCH 6, 2025

Crude oil stocks, not including the SPR, stood at 433.8 million barrels on February 28, according to the EIA's latest weekly petroleum status report.

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Crude Oil Oil Petroleum Barrel 87

Rigzone: News

FEBRUARY 27, 2025

Crude oil stocks, not including the SPR, stood at 430.2 million barrels on February 21, the EIA's latest weekly petroleum status report showed.

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Crude Oil Oil Petroleum Barrel 86

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.

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Crude Oil Barrel Oil 69

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.

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Refinery Oil Crude Oil Barrel 218

Rigzone: News

JANUARY 16, 2025

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

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Crude Oil Barrel Oil 52

Rigzone: News

JANUARY 9, 2025

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

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Crude Oil Barrel Oil 52

Rigzone: News

JANUARY 24, 2025

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

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Crude Oil Barrel Oil 52

Rigzone: News

DECEMBER 12, 2024

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

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Crude Oil Barrel Oil 52

Rigzone: News

DECEMBER 31, 2024

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

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Crude Oil Barrel Oil 52

Rigzone: News

FEBRUARY 7, 2025

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

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Crude Oil Barrel Oil 52

Rigzone: News

FEBRUARY 25, 2025

crude oil production, including lease condensate, averaging 13.59 million barrels per day this year. According to its latest short term energy outlook, the EIA sees U.S.

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Crude Oil Oil Condensate Barrel 59

OilPrice

MARCH 7, 2025

Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination of OPEC+ supply hikes, trade war escalations, and weak demand indicators has kept oil bulls at bay, reinforcing a bearish outlook for the market.

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Oil Crude Oil Barrel IT 143

Energy Central

SEPTEMBER 12, 2024

World crude oil extraction reached an all-time high of 84.6 million barrels per day in late 2018, and production hasn’t been able to regain that level since then. World monthly crude oil production based on data of the US Energy Information Administration (EIA).

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Crude Oil Oil Barrel Energy 59

Rigzone: News

DECEMBER 20, 2024

Crude oil stocks, not including the SPR, stood at 421.0 million barrels on December 13, according to the EIA.

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Crude Oil Oil Barrel 52

Rigzone: News

JANUARY 30, 2025

Crude oil stocks, not including the SPR, stood at 415.1 million barrels on January 24, according to the EIA.

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Crude Oil Oil Barrel 52

Rigzone: News

JANUARY 6, 2025

Crude oil stocks, excluding the SPR, stood at 415.6 million barrels on December 27, according to the EIA.

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Crude Oil Oil Barrel 52

Oil & Gas 360º

MARCH 11, 2025

Exxon and its partners in Guyanas oil projects, U.S. 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. Hess Corp and CNOOC of China, expect to produce up to 1.5

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Natural Gas Oil Gas IT 130

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. Permian oilfield and strong export demand for WTI Midland crude widened price differentials. WTI Midland crude traded at a $1.08 crude futures in March, easing from a 11-month high of $1.22 crude futures.

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Refinery Barrel Pipeline Crude Oil 130

Reporting Oil and Gas

NOVEMBER 28, 2023

percent decline in crude oil production. Total crude oil produced amounted to a total of 35.42 million barrels, according to Finance Minister Ken Ofori-Atta. million barrels, the TEN field produced 5.02 million barrels, and the Sankofa-Gye Nyame field yielded 8.46 million barrels.

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Crude Oil Oil Barrel Field 52

Egypt Oil & Gas

MARCH 6, 2025

Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5%

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BBL Oil Gas Condensate Crude Oil 75

Oil & Gas 360º

MARCH 11, 2025

crude oil supply growth smaller than what it has been/ what is expected fuels our bullish oil outlook. lower-48-state crude oil production approached 13 million barrels per day (mmbd) five years ago (Figure 11, green dot). Natural Gas Working Inventory (Src: Calculated from U.S. Figure 11: U.S.

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Oil Natural Gas Gas BCF 130

Oil & Gas 360º

MARCH 6, 2025

Previously, the consortium of local subsidiaries of Chinese oil company Sinopec and New Stratus Energy Inc. billion, 20-year deal to take over the 75,000 barrel per day Block 60, or Sacha oil field. had until April 4 to make the payment. Its been pledged as part of a $3.2

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Oil Barrel Field Government 233

BOE Report

MARCH 12, 2025

crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 1.4 million barrels to 435.2

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Maintenance Crude Oil Barrel Refinery 62

Oilholics Synonymous Report

OCTOBER 15, 2024

At the time of writing this post, The Oilholic noted that Brent and WTI front month futures contracts had breached their respective $74 and $70 per barrel floors. Then came a revelation that OPEC - deemed the most bullish of the crude oil demand growth forecasters - had revised its prediction lower for 2024 below 2 million bpd.

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Oil Barrel Crude Oil Completion 130

Rigzone: News

JANUARY 16, 2025

The new restrictions 'roughly triple the number of directly sanctioned Russian crude oil tankers, enough to affect around 900,000 barrels per day', analysts at Standard Chartered highlighted.

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Oil & Gas 360º

MARCH 4, 2025

(World Oil) – Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the worlds biggest oil producer Saudi Aramco. Oil use is set to rise by 1.3 Thats slightly higher than the 1.05

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Oil Barrel Natural Gas IT 130

Rigzone: News

DECEMBER 20, 2024

Morgan analysts highlighted that Brent crude oil 'is on track to average $80 per barrel in 2024', which they pointed out is $3 below their projections from last June.

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Crude Oil Oil Barrel 52

Iraq Business News: Oil & Gas

FEBRUARY 26, 2025

This continues the practice of delayed or missing oil export data from the Ministry. Total exports of crude oil: 103,343,193 barrels. Exports from the oil fields in central and southern Iraq amounted to 102,310,248 barrels. Exports to Jordan amounted to 309,980 barrels.

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Oil Crude Oil Barrel Field 40

Energy Central

JULY 28, 2022

Oil Prices rallied between December 2021 and March 2022 to hit new 14-year highs. The light crude oil raced to reach $130 per barrel before plunging to a low of $93 in April. And after surging again to hit a high of $123 on June 10, the WTI crude oil price pulled back again to trade below $94 last week.

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Crude Oil Oil Barrel 52

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Crude oil exports by Pemex, Mexicos state-owned petroleum company managed and operated by the Mexican government, fell 44 percent in January 2025 compared to the same month last year to 532,404 barrels per day. Thats its lowest in decades, according to Reuters , as the company has admitted it is struggling with crude quality.

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Egypt Oil & Gas

MARCH 11, 2025

The Minister of Energy of Indonesia Bahlil Lahadalia announced that the country is to build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day (mmbbl/d) increasing from 500,000 b/d, Reuters reported.

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Refinery Crude Oil Barrel Oil 52

Orient Energy Review

MARCH 22, 2023

He also said over 87 oil tankers involved in various crude oil and product theft had been arrested, as theft of over three million barrels of crude oil was prevented, while 15 million litres of petrol and diesel were recovered.

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Crude Oil Oil Barrel IT 52

Oil & Gas 360º

MARCH 4, 2025

million barrels of oil equivalent per day (boed) in 2030, with capacity to increase to 2035. Thats a stark departure from the previous strategy to lower oil and gas output by 2030. In the upstream, BP will aim for 10 new major projects to start up by the end of 2027, and a further 810 projects by the end of 2030.

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Iraq Business News: Oil & Gas

FEBRUARY 4, 2025

The Iraqi Council of Ministers has approved a modification to the contract area of the East Baghdad Oil Field - Southern Region , adding 95 km west of the Diyala River. According to the Media Office of the Prime Minister , this expansion aims to exploit an estimated 710 million barrels of crude oil within the newly incorporated area.

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Field Oil Petroleum Crude Oil 52

Valor

FEBRUARY 24, 2025

Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region. Brent crude fell 20 cents to $74.23 per barrel, while WTI dropped 28 cents to $70.12 crude output to grow from 13.2

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Barrel Energy Energy Oil 52