Oil & Gas 360º

APRIL 16, 2025

million barrels from the previous week. million barrels, U.S. million barrels per day during the week ending April 11, 2025, which was 64 thousand barrels per day less than the previous weeks average. million barrels per day. million barrels per day. million barrels per day. million barrels last week.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

APRIL 9, 2025

million barrels from the previous week. million barrels, U.S. million barrels per day during the week ending April 4, 2025, which was 69 thousand barrels per day more than the previous weeks average. million barrels per day. million barrels per day. million barrels per day. million barrels per day, 6.9%

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

APRIL 2, 2025

million barrels from the previous week. million barrels, U.S. million barrels per day during the week ending March 28, 2025, which was 192 thousand barrels per day less than the previous weeks average. million barrels per day. million barrels per day. million barrels per day. Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

OilPrice

APRIL 8, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in the prior week. So far this year, crude oil inventories have climbed nearly 22 million barrels, according to Oilprice calculations of API data.

Crude Oil 339

Crude Oil American Petroleum Institute API Oil 339

OilPrice

APRIL 1, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 million barrel drop in the prior week. So far this year, crude oil inventories have climbed nearly 23 million barrels, according to Oilprice calculations of API data.

Crude Oil 334

Crude Oil American Petroleum Institute API Oil 334

OilPrice

APRIL 7, 2025

Russias flagship Urals crude grade has tumbled alongside all major oil benchmarks in the global market rout and is close to the $50 per barrel threshold for the first time in nearly two years. The Urals price was at around $52 per barrel at the Baltic Sea port of Primorsk on Friday, according to data from Argus Media cited by Bloomberg.

Oil 363

Oil Barrel 363

OilPrice

APRIL 8, 2025

per barrel, with West Texas Intermediate at $57.04 per barrel, both down by close to 4% from Tuesdays close. Since the start of the year, the benchmarks have shed lover $10 per barrel Crude oil prices slumped to their lowest level since 2021 after the U.S. At the time of writing, Brent crude was trading at $60.36

Oil 355

Oil Crude Oil Barrel IT 355

OilPrice

APRIL 11, 2025

The April market rout, which crashed oil prices into the low $60s per barrel, is creating additional fiscal challenges to petrostates and oil-producing countries heavily dependent on oil revenues, on top of any tariff-related hardships. Oil at $60 is about $20 to $30 per barrel

Oil 337

Oil Barrel IT 337

OilPrice

APRIL 14, 2025

The bank sees WTI at an average of $59 per barrel this year, falling to $55 in 2026, Reuters reported. and 4.3%, respectively, to $69 for a barrel of Brent crude and $66 for a barrel of West Texas Intermediate. The update follows one from April 4, when Goldman slashed its 2025 outlook for Brent and WTI by 5.5%

Oil 347

Oil Barrel IT 347

OilPrice

APRIL 22, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels in the week ending April 18. million barrel build in the prior week. So far this year, crude oil inventories are still up more than 19 million barrels, according to Oilprice calculations of API data.

American Petroleum Institute 263

American Petroleum Institute API Crude Oil Oil 263

OilPrice

MAY 6, 2025

million barrels in the week ending May 2, after analysts had estimated a 2.5-million-barrel million-barrel draw. million barrel inventory hike in the prior week. So far this year, crude oil inventories are up more than 18 million barrels, according to Oilprice calculations of API data. The API reported a 3.76

American Petroleum Institute 258

American Petroleum Institute API Crude Oil Oil 258

OilPrice

MARCH 23, 2025

This year will see the highest amount of new oil supply in a decade, according to data analyzed by Raymond James that showed projected global additions of nearly 3 million barrels daily. But only if the price is right.

Oil 364

Oil Field Barrel 364

OilPrice

MAY 15, 2025

Significantly lower oil prices in April sent Russias oil export revenues down to the lowest level in nearly two years as the price of Russian grades fell alongside the benchmark international prices, which lost about $10 per barrel last month. per barrel in April with all major export grades Russian crude prices averaged $55.64

Oil 300

Oil Barrel Energy Energy 300

OilPrice

MARCH 31, 2025

crude oil production was down 305,000 barrels per day, hitting 13.15 Energy Information Administration (EIA) on Monday, also revising its December estimate downward by around 40,000 barrels, to 13.45 January U.S. million bpd, a level it hasnt dipped down to in over a year, according to data released by the U.S. million bpd.

Oil 353

Oil Crude Oil Barrel IT 353

OilPrice

MAY 14, 2025

Crude oil inventories in the United States saw an increase of 4 million barrels during the week ending May 9, according to new data from the U.S. On Tuesday, the American Petroleum Institute (API) reported a surprise build in US crude oil inventories of 4.287 million barrels in U.S. Energy Information Administration.

American Petroleum Institute 298

American Petroleum Institute Crude Oil Oil API 298

OilPrice

APRIL 7, 2025

At the time of writing, Brent crude was trading at just below $64 per barrel, while West Texas Intermediate was changing hands for $60.54 per barrel, both down by over 2% from Fridays close. The price slump in crude oil that began last week has extended into this one as market players fears about a global recession deepen.

Crude Oil 352

Crude Oil Oil Barrel 352

OilPrice

MARCH 31, 2025

a barrel this year, according to the poll of 49 analysts and economists in March. per barrel expected by the experts in the February Reuters survey. per barrel in 2025, down from The OPEC+ groups production increase and expectations of weaker demand growth due to the U.S. Brent Crude prices are set to average $72.94

Oil 312

Oil Barrel 312

OilPrice

MARCH 18, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million barrels for the week ending March 14. million-barrel build. So far this year, crude oil inventories have climbed more than 21 million barrels, according to Oilprice calculations of API data.

Crude Oil 275

Crude Oil American Petroleum Institute API Oil 275

OilPrice

MAY 5, 2025

per barrel in the third and fourth quarters of this year, down by $5 per barrel from the previous forecast. million barrels per day (bpd) Morgan Stanley cut its oil price forecasts for the remainder of the year, anticipating a bigger glut. The bank revised down its projection of Brent Crude prices to $62.50

Oil 271

Oil Barrel IT 271

OilPrice

APRIL 24, 2025

per barrel and West Texas Intermediate at $63.21 per barrel. Earlier this week, Reuters reported OPEC+ could add more barrels to production after its June meeting A renewed hope for peace in the Ukraine contributed to the bearish mood among traders. Benchmarks were both up at the time of writing, with Brent crude at $66.98

Oil 275

Oil Barrel Crude Oil IT 275

OilPrice

APRIL 10, 2025

The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target within the next five years has spurred activity among Chinese firms that continue to dominate the countrys oil and gas sector.

Oil 341

Oil Barrel Management Gas 341

OilPrice

APRIL 11, 2025

Volume allocations to Chinese refiners reveal that Saudi exports in May will rise to 48 million barrels from the 35.5 million barrels scheduled for delivery this month. Saudi Arabia cut the official selling prices for its oil sharply ahead of a production boost set for next month.

Oil 344

Oil Crude Oil Barrel IT 344

OilPrice

APRIL 4, 2025

natural gas prices fell by 6% on Friday morning amid the overall panic market selling, but the benchmark Henry Hub price was declining less than the WTI Crude prices, which sank by more than 8% to hit a low of $61 per barrel. This WTI price is now below the average $65 per barrel price U.S. The benchmark price for U.S. producers

Natural Gas 357

Natural Gas Gas Barrel Oil 357

OilPrice

APRIL 30, 2025

million barrels during the week ending April 25, according to new data from the U.S. million barrels in U.S. million barrels in U.S. Crude oil inventories in the United States saw a decrease of 2.7 Energy Information Administration released on Wednesday. Energy Information Administration. At 10:29 am in New York,

American Petroleum Institute 299

American Petroleum Institute Crude Oil API Barrel 299

OilPrice

APRIL 23, 2025

Crude oil inventories in the United States saw an increase of 200,000 barrels during the week ending April 18, according to new data from the U.S. On Tuesday, the American Petroleum Institute (API) reported a different story: one that showed a large draw of 4.565 million barrels in U.S.

American Petroleum Institute 292

American Petroleum Institute Crude Oil Oil API 292

OilPrice

MARCH 14, 2025

Barclays sees Brent Crude prices at $74 per barrel this year, down by $9 from its previous forecast, as it slashed its global demand growth estimate in mounting economic uncertainties. We turn neutral on oil prices relative to the curve and consensus, as we revise down our 2025 demand outlook 510,000 barrels per day due to soft high?-?frequency

Oil 334

Oil Barrel IT 334

OilPrice

APRIL 1, 2025

As Saudi Arabia pushes ahead with its ambitious Vision 2030 plan to build huge futuristic cities and resorts, the worlds top crude oil exporter will need to borrow more money on the debt markets as oil prices continue to linger at levels of about $20 per barrel lower than the Saudi fiscal breakeven oil price.

Oil 338

Oil Crude Oil Barrel IT 338

OilPrice

MARCH 12, 2025

million barrels during the week ending March 7, according to new data from the U.S. Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. Energy Information Administration released on Wednesday.

American Petroleum Institute 325

American Petroleum Institute Crude Oil API Barrel 325

OilPrice

APRIL 16, 2025

Crude oil inventories in the United States saw an increase of 500,000 barrels during the week ending April 11, according to new data from the U.S. million barrels in Energy Information Administration released on Wednesday. Crude oil prices were trading up in a rare show of strength prior to the crude data release by the U.S.

American Petroleum Institute 320

American Petroleum Institute Crude Oil API Barrel 320

OilPrice

MARCH 28, 2025

a barrel against ICE Brent on a delivered basis to China, according to Reuterss sources. This discount, the first in 10 months, compares with a premium of about $2 per barrel Cargoes of ESPO for April loadings are now being traded at a discount of some $1.50

Barrel 318

Barrel 318

OilPrice

MARCH 20, 2025

million barrels daily. The countrys government has a stated ambition to boost that considerably, by some 1 million barrels daily within two years. Last November, Nigerias oil production hit the highest in 2024, at 1.7 But there is a problem it needs to solve first: pipeline sabotage.

Pipeline 317

Pipeline Oil Barrel Energy 317

OilPrice

MAY 12, 2025

The increase will add 411,000 barrels per day (bpd) to global supply in June, and marks the third monthly hike in a row. The goal is to reclaim lost market share from non-OPEC producers and send a clear message to fellow OPEC members who havent been sticking to the script.

Oil 357

Oil Barrel 357

OilPrice

MAY 9, 2025

million barrels daily. million barrels daily. According to a Reuters report, the Mexican state energy firm filed a report with the U.S. Securities and Exchange Commission saying it expected this years average daily oil output to 1.58 This compares to a government production target of 1.8

Oil 265

Oil Barrel Government Energy 265

OilPrice

MAY 7, 2025

Crude oil inventories in the United States saw a decrease of 2 million barrels during the week ending May 2, according to new data from the U.S. million barrels in U.S. million barrels in U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S.

Crude Oil 273

Crude Oil American Petroleum Institute Oil API 273

OilPrice

MARCH 26, 2025

per barrel at the time of writing, with West Texas Intermediate at $69.12 per barrel, after the American Petroleum Institute reported on Tuesday that oil inventories in the county had fallen by 4.6 million barrels in the week to March 21. Crude oil prices earlier today touched a three-week high, driven by the latest U.S.

American Petroleum Institute 274

American Petroleum Institute Oil Petroleum Crude Oil 274

OilPrice

MAY 8, 2025

million barrels daily by the end of this year. million bpd from the initial two million barrels given to them by the President, Nigerias petroleum resources minister, Heineken Lokpobiri told the Sun on the sidelines of the Oil Technology Conference Africa Energy Forum.

Oil 258

Oil Barrel Petroleum Government 258

OilPrice

MAY 5, 2025

crude oil 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. tariffs and oversupply from the aggressive production hikes from OPEC+.

Crude Oil 362

Crude Oil Oil Barrel Energy 362