Rigzone

JULY 17, 2025

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS USA Crude Oil Stocks Drop Week on Week by Andreas Exarheas | Rigzone Staff | Thursday, July 17, 2025 | 10:48 AM EST Crude oil stocks, not including the SPR, stood at 422.2 crude oil imports averaged 6.4

Crude Oil

Rigzone

JULY 3, 2025

commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 3.8 It showed that crude oil stocks, not including the SPR, stood at 419.0 Crude oil in the SPR stood at 402.8 Crude oil in the SPR stood at 402.8 crude oil refinery inputs averaged 17.1

Crude Oil

Rigzone

JULY 24, 2025

commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 3.2 It showed that crude oil stocks, not including the SPR, stood at 419.0 Crude oil in the SPR stood at 402.5 Crude oil in the SPR stood at 402.5 crude oil refinery inputs averaged 16.9

Crude Oil

Rigzone

JUNE 28, 2025

Image by Kreativorks via iStock Aliko Dangote, Africa’s richest person, plans a stock listing for his Nigerian crude oil refinery by the end of next year to widen the company’s investor base. The oil facility can processes 650,000 barrels of crude a day, making it the continent’s biggest refinery.

Refinery

Rigzone

AUGUST 1, 2025

commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 7.7 It showed that crude oil stocks, not including the SPR, stood at 426.7 Crude oil in the SPR stood at 402.7 Crude oil in the SPR stood at 402.7 crude oil refinery inputs averaged 16.9

Crude Oil

Oil & Gas 360º

JUNE 26, 2025

(BOE Report) – CALGARY – Canada’s biggest crude oil shipper says a lot needs to happen before it would propose a new pipeline to the West Coast. so that more oilsands crude can be exported to Asia by tanker. which operates the Keystone pipeline connecting Alberta crude to refineries in the U.S.

Pipeline

Valor

JUNE 30, 2025

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. Newsom’s 2023 law to penalize oil companies for excess profits, a policy that has not yet been implemented. oil and gas reserves Summary : A new EIA report shows U.S. in 2023 to 46.4

Energy

Daily Energy Report

JULY 3, 2025

July 3, 2025 Note 1: There will be no Daily Energy Report tomorrow as the markets will be closed in observance of the US 4 th of July holiday. Renewed diplomacy with the US and Brazil has supported this trend, alongside China's reduced US crude demand. Nigerian imports rose but may drop as Dangote refinery ramps up.

Energy

Rigzone

AUGUST 6, 2025

crude inventories will be up for the week ending August 1. Image by sutthichai somthong via iStock In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists, including Walt Chancellor, revealed that they are forecasting that U.S. crude inventories will be up by 1.3 “This follows a 7.7

Barrel

Rigzone

JULY 3, 2025

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. Total world oil output has increased by a yearly average of 0.9 The figures also exclude oil shales/kerogen extracted in solid form, the report revealed.

Condensate

Rigzone

AUGUST 7, 2025

0% Brent Crude $66.39 -0.06% Natural Gas $3.08 +0.29% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS USA Crude Oil Inventories Drop 3 Million Barrels Week on Week by Andreas Exarheas | Rigzone Staff | Thursday, August 07, 2025 | 9:58 AM EST Crude oil stocks, not including the SPR, stood at 423.7

Crude Oil

Crude Oil Futures

AUGUST 5, 2025

The US crude stocks, a key statistic that determines the price of crude oil in the world, have been steadily rising since June, despite the nation being in the peak summer driving season, from April to September. Despite the threats from the US, Russian oil supply, meanwhile, has been steadily adding over 7.3

Crude Oil

Rigzone

JULY 2, 2025

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. “For this week’s crude balance, from refineries, we model an increase in crude runs (+0.2

Barrel

Oil & Gas 360º

JULY 11, 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. and European refineries. The licenses to U.S.

Oil

Oil & Gas 360º

JUNE 23, 2025

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).

Gas

Rigzone

JULY 7, 2025

The Polish energy company said all of its refineries have been supplied with non-Russian oil since March, with the final contract for Russian oil delivery from Rosneft ending June 30. "We have concluded the last legacy contract for Russian crude deliveries to the Czech Republic.

Oil

Rigzone

JUNE 27, 2025

commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 5.8 This report, which was released on June 25 and included data for the week ending June 20, showed that crude oil stocks, not including the SPR, stood at 415.1 Crude oil in the SPR stood at 402.5

Crude Oil

Rigzone

JULY 16, 2025

Natural Gas $3.52 -0.17% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Macquarie Strategists See WoW USA Crude Inventory Build by Andreas Exarheas | Rigzone Staff | Wednesday, July 16, 2025 | 5:27 AM EST Macquarie strategists are forecasting that U.S. crude inventories will be up for the week ending July 11.

Barrel

Rigzone

JULY 9, 2025

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 Crude oil in the SPR stood at 402.8

Barrel

Oil Gas Leads

JULY 16, 2025

As 2025 enters its second half, ExxonMobil stands at a critical juncture—leveraging its scale, technology, and capital discipline to drive upstream growth, especially in the Permian Basin. Optimize Infrastructure Utilization The Wink to Webster crude oil pipeline—operated by ExxonMobil—continues running near full capacity (~1.35

Basin

Rigzone

JUNE 20, 2025

Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity.

Gas

Oil Review Middle East

AUGUST 6, 2025

Aramco reported healthy profits of US$22.7bn in Q2 2025 in its latest financial results, albeit down from the US$26bn recorded in Q1, and maintained high levels of capex to pursue its strategic objectives Half-year profits stood at US$48.7bn compared with US$56.3bn in the first half of 2024. Nasser, Aramco CEO.

Crude Oil

Oil & Gas Journal

AUGUST 4, 2025

4, 2025 3 min read Key Highlights "Will contribute to reaching our 2030 target to increase our [system-wide] biorefining capacity to over 5 million tpy." Also progressing with planned conversion of idled 84,000-b/d conventional refinery in Livorno, Tuscany, into what will become Italy’s third biorefinery. 14, 2025 ).

Exploration and Production

Rigzone

JULY 23, 2025

crude inventories will be down for the week ending July 18. Image by Arsgera via iStock In an oil and gas report sent to Rigzone by the Macquarie Group late Monday, Macquarie strategists, including Walt Chancellor, revealed that they are forecasting that U.S. crude inventories will be down by 5.6 “This follows a 3.9

Barrel

Rigzone

JUNE 27, 2025

Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. 700K Industry Pros can’t be wrong.

BCF

Oil & Gas Journal

JULY 30, 2025

million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report indicated. July 30, 2025 2 min read 323929920 © Gearstd | Dreamstime.com US crude oil inventories for the week ended July 25, excluding the Strategic Petroleum Reserve, increased by 7.7 of capacity.

BBL

Rigzone

JULY 30, 2025

crude inventories will be up for the week ending July 25. Image by Mst Hazera Begum via iStock In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists, including Walt Chancellor, revealed that they are forecasting that U.S. crude inventories will be up by 4.7 “This follows a 3.2

Barrel

Oil Gas Leads

JULY 26, 2025

crude oil production hit 13.2 million bpd in 2025 , making the U.S. the world’s top oil producer. The Energy Reality: Demand Isn’t Declining Despite headlines around peak oil demand, global consumption remains strong: Global oil demand reached 103.5 million bpd in Q2 2025 and is forecast to rise to 104.7

Energy

Oil Gas Leads

JULY 15, 2025

The Wink to Webster Pipeline , operated by ExxonMobil , is one of the most critical crude oil transportation systems in North America, linking the prolific Permian Basin to key Gulf Coast refining and export hubs. Spanning over 640 miles with a 1.5 Spanning over 640 miles with a 1.5 midstream infrastructure.

Pipeline

Rigzone

JULY 20, 2025

Milligan | Monday, July 21, 2025 | 2:55 AM EST The cap on Russian oil, currently set at $60 a barrel, will be lowered to $47.60 A large oil refinery in India, part-owned by Russia’s state-run oil company, Rosneft PJSC, was also blacklisted. on September 2, the UK government said.

Oil

Rigzone

JULY 25, 2025

The vessel, which usually transports crude oil, was re-configured to carry diesel. Europe’s diesel market remains under pressure , driven by a combination of lower refinery output, costly rerouting of imports to replace shunned Russian supplies and sanctions-related uncertainty. 700K Industry Pros can’t be wrong.

Refinery

Oil & Gas 360º

JULY 15, 2025

(Investing) – LONDON -OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and refineries’ crude intake would remain elevated to meet the uptick in summer travel, helping to support the demand outlook. Global refinery crude intake posted a sharp increase of 2.1

E&P

Energy Outlook Advisors

JULY 28, 2025

Constraints include limited supply, refinery needs, market competition, and delays in nuclear tech. The US was the largest crude oil exporter to the EU in the first half of 2025 as shown in Figure (2), followed by Kazakhstan at 13.47% and Norway at 12.64%. Some of the oil from Kazakhstan and Turkey could be Russian crude.

Energy

Oil & Gas 360º

JULY 14, 2025

Benchmark oil prices are currently near $70 a barrel, down from a 2025 high of $82 in mid-January, but above the four-year low of $62 set in May. That followed Trump’s “Liberation Day” tariff flip-flop, which sparked confusion about the policy direction and fears of a severe disruption to global economic activity and oil consumption.

Oil

Daily Energy Report

JULY 28, 2025

Constraints include limited supply, refinery needs, market competition, and delays in nuclear tech. The US was the largest crude oil exporter to the EU in the first half of 2025 as shown in Figure (1), followed by Kazakhstan at 13.47%, and Norway at 12.64%.

Energy

Oil & Gas 360º

JULY 28, 2025

Gulf to the continent have reached more than 2 million bpd, about half of total American crude export volumes. Any further increase in purchases could prove problematic for the region’s oil refineries which need a mix of supplies to make a enough of the right kind refined fuels like gasoline and diesel.

Energy

Energy Outlook Advisors

AUGUST 6, 2025

Share Note: 2025 data in this note cover only the first 7 months. G7/EU sanctions on Russian crude and products redirected global oil trade but did not affect supply and demand, not even in India. Oil imports are handled by both private and government-owned refineries, not just private ones. Public Note.

Oil