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Weekly CrudeOil Storage as of June 20, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.8 million barrels from the previous week. million barrels, U.S. million barrels, U.S. million barrels per day. Imports U.S.
Weekly CrudeOil Storage as of July 4, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 7.1 million barrels from the previous week. At 426 million barrels, U.S. At 426 million barrels, U.S. million barrels per day.
Weekly CrudeOil Storage as of June 6, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.6 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 17.2
crudeoil production is now forecast to slip from a record 13.5 million barrels per day (bpd) in Q2 2025 to around 13.3 Peak shale may already be behind us. million bpd by the end of 2026, according to the U.S.
India has sharply increased its crudeoil imports from the United States and Brazil in the first half of 2025, marking a strategic deepening of ties with non-OPEC suppliers amid heightened global volatility and supply risk recalibrations. Imports from Brazil surged 80% to 73,000 bpd, compared to 41,000 bpd during the…
Crudeoil deliveries to the strategic petroleum reserve will be delayed by seven months due to maintenance, the Department of Energy has said. million barrels into the SPR in the first five months of this year but since January, only 8.8 million barrels have been pumped into the reserve, Reuters noted in a report on the news.
million barrels on June 27, the EIA's latest weekly petroleum status report showed. commercial crudeoil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 3.8 million barrels from the week ending June 20 to the week ending June 27, the U.S. million barrels on June 27, 415.1
crudeoil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark prices below $60 per barrel are testing the breakeven point of shale production, energy flows intelligence firm Kpler said on Monday.
Wary of the ‘Hockey Stick’, Oil Traders Hedge Their 2025 Exposure - Open interest in WTI calendar spread options - contracts that see market participants bid on the future value of crudeoil futures across different delivery months – has reached an all-time high as traders expect this year’s assumed oversupply to only materialize in 2026. -
million barrels on June 20, the EIA's latest weekly petroleum status report showed. commercial crudeoil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 5.8 million barrels from the week ending June 13 to the week ending June 20, the U.S. million barrels on June 20, 420.9
Weekly CrudeOil Storage as of March 14, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 1.7 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 15.7
Weekly CrudeOil Storage as of May 30, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 4.3 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil imports averaged 6.3 Imports U.S.
Weekly CrudeOil Storage as of May 16, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 1.3 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 16.5
Weekly CrudeOil Storage as of May 9, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 4.0 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 16.4
Weekly CrudeOil Storage as of May 2, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 2.0 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 16.1
Weekly CrudeOil Storage as of April 25, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 2.7 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 16.1
Weekly CrudeOil Storage as of April 18, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 0.2 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 15.9
Weekly CrudeOil Storage as of April 11, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 0.5 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 15.6
Weekly CrudeOil Storage as of April 4, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 2.6 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 15.6
Weekly CrudeOil Storage as of March 28, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 6.2 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 15.6
Weekly CrudeOil Storage as of March 21, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.3 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 15.8
Weekly CrudeOil Storage as of March 7, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.7 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 15.7
Weekly CrudeOil Storage as of February 28, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 3.6 million barrels from the previous week. million barrels, U.S. million barrels, U.S. crudeoil refinery inputs averaged 15.4
role in Iran-Israel fight fuels market jitters Published Sun, Jun 22 2025 10:35 PM EDT Updated 2 Hours Ago Lee Ying Shan @in/ying-shan-lee @LeeYingshan WATCH LIVE Key Points Oil markets are entering a new phase of uncertainty after the U.S. Oil futures were up over 2% as of early Asia hours. per barrel.
June 25, 2025 Subscribe now EOA’s Main Takeaway US crudeoil and distillate inventories declined to below the five-year range. If crude inventories follow historical trends and fall below 400 million barrels, we will turn bullish on oil. A US-China trade deal would support this bullish view.
Kazakhstan is likely to top its oil production plan this year, due to the expansion of the Chevron-led Tengiz field, Kazakhstans Energy Minister Erlan Akkenzhenov said on Friday, in yet another snub at OPEC+ quotas. million tons of crudeoil and condensate in 2025, or about 2 million barrels per day (bpd), which would be 9.7%
crudeoil production is set to peak at around 14 million barrels per day (bpd) in 2027, according to the Annual Energy Outlook 2025 of the U.S. Energy Information Administration (EIA).
Goldman Sachs commodity analysts cut the banks price outlook for crudeoil, basing the revision on expectations of slower U.S. economic growth and additional OPEC+ supply.
(Oil Price) – Kazakhstan’s crudeoil output jumped 7.5% million barrels per day (bpd), matching the country’s all-time high set in March, according to figures leaked to Reuters. In the first half of 2025, Kazakhstan’s crudeoil production (excluding condensates) averaged 1.79 in June to 1.88
by Andreas Exarheas | Rigzone Staff | Thursday, July 03, 2025 | 7:46 AM EST Rigzone takes a closer look at the Energy Institute's latest statistical review of world energy report. produced 20.135 million barrels of oil per day in 2024. oil production has seen an average yearly growth rate of 5.5 That represented a 3.6
by Andreas Exarheas | Rigzone Staff | Monday, July 14, 2025 | 7:47 AM EST Rigzone talks to Carole Nakhle, the Chief Executive Officer of London based consultancy Crystol Energy. Image by MarianVejcik via iStock While we should always be prepared for surprises in any market, especially oil, $100 crude appears increasingly unlikely this year.
Image by McFranki via iStock In a statement posted on its site recently, the Texas Railroad Commission (RRC) revealed its latest preliminary crudeoil and natural gas production figures. The RRC noted in the statement that crudeoil and natural gas production for March came from 157,192 oil wells and 83,898 gas wells.
crude inventories will be down for the week ending June 27. crude inventories will be down by 1.3 million barrels for the week ending June 27, an oil and gas report sent to Rigzone by the Macquarie team late Monday revealed. million barrels per day),” the Macquarie strategists added in the report.
crude inventories will be up for the week ending July 4. Image by yamonstro via iStock In an oil and gas report sent to Rigzone by the Macquarie team on Tuesday, Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up by 2.7 million barrels for the week ending July 4.
(Investing) – Brent crudeoil prices could hit $110 a barrel if the Strait of Hormuz is blocked, Goldman Sachs analysts have forecast, while HSBC analysts see prices topping above $80. Prices for Brent could average around $95 in the fourth quarter of 2025, Goldman Sachs said in a note dated June 22.
(World Oil) – In its March 2025 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecast crudeoil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025.
oil major Chevron (NYSE: CVX ) and other foreign firms in Venezuela have allowed a slight recovery in oil output and exports since 2023. In late May, however, Washington revoked those licenses to take Venezuelan crude bound for U.S. The licenses to U.S. and European refineries.
OPECs market share in India slumped to an all-time low of below 50% of Indias crudeoil imports in the 2024-2025 fiscal year, as Russian oil flows to the worlds third-largest crude importer continued to rise and dent the share of the Middle Eastern producers. Indias imports of crude from Russia increased by 7.3%
(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. By March 2025, the facility began injecting crude, with GEIL’s production averaging 5,000 bpd.
Energy Information Administration reduced its forecast for crudeoil production this year. In its Short-Term Energy Outlook released Tuesday, EIA said, “Declining oil prices have contributed to U.S. crudeoil production will decline from an all-time high of just over 13.4 million b/d in both 2025 and 2026.”
(World Oil) – Chevron Corp. and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. million daily barrels within a year, according to Seliman.
June 30, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. In the Permian Basin, the rig count dropped by one to 270, well below the 305 active rigs a year ago, as oil prices experienced a steep decline for the week. per barrel, a sharp decrease of $9.41
June 9, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices steady ahead of U.S.-China China trade talks Summary : Oil prices held steady as investors awaited U.S.-China per barrel. per gallon as global oil demand growth slows.
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