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

Oil & Gas 360ยบ

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.7 crude oil inventories are 5% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of March 7, 2025. crude oil refinery inputs averaged 15.7

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

Oil & Gas 360ยบ

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 3.6 crude oil inventories are 4% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of February 28, 2025. crude oil refinery inputs averaged 15.4

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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.

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Pemex oil exports fall in January, including by 36 percent to U.S.

Permian Basin Oil and Gas Magazine

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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Badawi Engages with Chevron, KNOC Leaders at CERAWeek 2025

Egypt Oil & Gas

Minister of Petroleum and Mineral Resources Karim Badawi held meetings with Clay Neff, President of Chevron International Exploration and Production, and Dong Sub Kim, President & CEO of Korea National Oil Corporation (KNOC), focusing on investments and capacity building.

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Whatโ€™s Happening: The Unexpected Growth in U.S. Oil Inventories and What It Means for the Industry

Rextag

As winter approaches, the interplay between refinery activity, import volumes, and demand for refined products will be crucial. Adding to the intrigue, oil held in the Strategic Petroleum Reserve (SPR) rose by 1.4 IMPORTS SURGE WHILE REFINERY ACTIVITY COOLS Crude oil imports surged by a remarkable 1.2 million barrels to 389.2

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Fifth Circuit Rejects EPAโ€™s Overreaching on CAA and MBTA

The Energy Law

Citgo Petroleum Corp., In what may be considered a warning shot to overzealous federal prosecutors looking to obtain criminal convictions under the Clean Air Act (โ€œCAAโ€) or the Migratory Bird Treaty Act (โ€œMBTAโ€), the Court of Appeals reversed criminal convictions against Citgo related to violations of both Acts at its Corpus Christi refinery.