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

Oil & Gas 360ยบ

million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.7 million barrels per day during the week ending March 7, 2025, which was 321 thousand barrels per day less than the previous weeks average. crude oil refinery inputs averaged 15.7 million barrels per day.

Crude Oil 130
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U.S. crude oil inventories increase by 3.6 million barrels

Oil & Gas 360ยบ

million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.4 million barrels per day during the week ending February 28, 2025, which was 346 thousand barrels per day less than the previous weeks average. Refineries operated at 85.9% million barrels per day.

Crude Oil 130
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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360ยบ

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. That compared to an average of 50 cents a barrel a year ago, when record crude production at the top U.S.

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ExxonMobil, Global Clean Energy Holdings Sign Renewable Diesel Agreement

NGT News

million barrels of renewable diesel per year for five years from a converted California refinery starting in 2022. The renewable diesel will be sourced from a refinery acquired by Global Clean […]. The post ExxonMobil, Global Clean Energy Holdings Sign Renewable Diesel Agreement appeared first on NGT News.

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Indonesia to Build Refineries with Total Capacity of 1 mmbbl/d

Egypt Oil & Gas

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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Sulaymaniya Firm to Build $2bn Kirkuk Refinery

Iraq Business News: Oil & Gas

Kirkuk Governor Ribwar Taha Mustafa has signed a contract for the construction of the Kirkuk Refinery , which has a planned production capacity of 70,000 barrels per day (bpd). The refinery will be built by Sulaymania-based Rania Group , and will reportedly cost around $2 billion. By John Lee.

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Iraq to Expand Maysan Refinery with New 70,000 bpd Unit

Iraq Business News: Oil & Gas

The Iraqi Ministry of Oil has announced plans to expand Maysan [Missan] Refinery by adding a new refining unit with a capacity of 70,000 barrels per day (bpd), increasing the refinery's total output to 110,000 bpd. The Deputy Minister called on refinery staff to ensure efficient operations and uninterrupted fuel supply.