Oil & Gas 360º

JUNE 25, 2025

Weekly Crude Oil Storage as of June 20, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.8 million barrels from the previous week. million barrels, U.S. million barrels per day. million barrels per day. million barrels per day.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

OilPrice

JUNE 20, 2025

Crude oil prices could rise by between 15% and 20% from pre-war levels in case of disruption of 1.1 million barrels daily in production, Citi analysts have said, putting Brent crude’s wartime price at between $75 and $78 per barrel. Citi, however, does not believe supply disruption would have…

Barrel 314

Barrel Casing Oil Crude Oil 314

OilPrice

JUNE 9, 2025

Crude oil prices could decline below $50 a barrel this year, according to analysts from outlets including S&P Global. This will give American drivers much needed relief at the pump after years of gas price inflation. One reason for the hypothetical decline is what is widely seen as weakening demand growth.

Oil 360

Oil Drivers Crude Oil Barrel 360

Oil & Gas 360º

JUNE 11, 2025

Weekly Crude Oil Storage as of June 6, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.6 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 17.2 million barrels per day.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

OilPrice

JUNE 26, 2025

Crude oil 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.

Crude Oil 274

Crude Oil Maintenance Oil Barrel 274

OilPrice

JUNE 25, 2025

Crude oil inventories in the United States fell by 5.8 million barrels during the week ending June 20, according to new data from the U.S. million barrels, roughly 11% below the five-year average for this time of year. Crude prices were trading up ahead of the report. The drop brings commercial stockpiles to 415.1

American Petroleum Institute 253

American Petroleum Institute API Oil Barrel 253

OilPrice

JULY 1, 2025

Kazakhstan’s crude oil 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. Total oil and condensate production rose to 2.15 in June to 1.88 This puts Kazakhstan well over its official OPEC+ quota of 1.5 million bpd in June, up from 2.02

Condensate 307

Condensate Oil Crude Oil Barrel 307

OilPrice

JULY 2, 2025

Crude oil prices stabilized today as traders anticipate yet another 411,000-bpd boost in OPEC+ supply to be announced at the end of this week when the group meets, with downward pressure coming from the latest weekly U.S. The unexpected build pressured oil prices despite the cumulative build from the previous month.

American Petroleum Institute 257

American Petroleum Institute Oil Crude Oil Barrel 257

OilPrice

JUNE 16, 2025

OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part of the OPEC+ agreement raising output by much less than the 411,000 bpd headline hike planned for last month as some members compensated for past overproduction.

Oil 311

Oil Crude Oil Barrel 311

OilPrice

APRIL 2, 2025

Crude oil inventories in the United States saw a large increase of 6.2 million barrels during the week ending March 28, according to new data from the U.S. Crude oil prices were trading up prior to the crude data release by the U.S. crude oil inventories amid a small gasoline draw.

Crude Oil 273

Crude Oil Barrel American Petroleum Institute Oil 273

OilPrice

JUNE 30, 2025

An oil tanker has suffered an explosion off Libya’s coast, without causing any injuries or pollution, the vessel operator said on Monday, adding that the cause of the explosion is not clear yet. The tanker had left the Libyan port of Zuetina and was en route to Gibraltar when an explosion occurred in the engine room.

Oil 307

Oil Crude Oil Engineer Engineering 307

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. million barrels again to 396.7 million barrels in the week ending April 4.

Crude Oil 349

Crude Oil American Petroleum Institute API Oil 349

OilPrice

JUNE 6, 2025

Light crude oil futures rallied this week, closing Thursday at $63.37 per barrel—up approximately 4.2%—as OPEC+ Holds Course as Saudi Arabia Defends Market Share OPEC+ stuck to its plan of a 411,000 barrel per day increase for July, reassuring traders who feared a steeper hike…

Oil 231

Oil Crude Oil Barrel IT 231

OilPrice

JUNE 10, 2025

crude oil 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.

Crude Oil 360

Crude Oil Barrel Energy Energy 360

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. million barrels again to 396.4 million barrels in the week ending March 28.

Crude Oil 331

Crude Oil American Petroleum Institute API Oil 331

OilPrice

JUNE 6, 2025

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 crude oil futures across different delivery months – has reached an all-time high as traders expect this year’s assumed oversupply to only materialize in 2026. -

Oil 227

Oil Crude Oil Barrel 227

OilPrice

JUNE 10, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week, this time by 370,000 barrels in the week ending June 6 after analysts had estimated a 700,000-barrel build. million barrel inventory decrease in the prior week. The API reported a 3.3

American Petroleum Institute 193

American Petroleum Institute API Crude Oil Oil 193

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.

Crude Oil 362

Crude Oil Oil Barrel Energy 362

OilPrice

MAY 28, 2025

The value of Russian crude oil exports have sunk in May to the lowest level in over two years, data on shipments and Russian crude prices compiled by Bloomberg showed on Wednesday. million barrels per day (bpd) of crude oil, In the four weeks to May 25, Russia exported on average 3.39

Crude Oil 327

Crude Oil Oil Barrel 327

OilPrice

JUNE 19, 2025

Iran is maintaining crude oil supply by loading tankers one at a time and repositioning floating storage closer to Asia, two vessel tracking firms told Reuters, as the country seeks to preserve a vital revenue stream while under Israeli attack. million barrels per day in recent days, a five-week high, while up to 8?

Oil 272

Oil Crude Oil Barrel 272

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 286

Crude Oil American Petroleum Institute API Oil 286

OilPrice

JULY 1, 2025

Shipments totaled nearly 7 million barrels of crude, 6.95 million barrels to be precise. was Nigeria with 6.803 million barrels of crude oil exports, followed by… Iraq ranked first among the 12 OPEC producers in terms of exports to the United States in May. The second-largest OPEC supplier to the U.S.

Barrel 272

Barrel Crude Oil Oil Energy 272

OilPrice

MARCH 19, 2025

Crude oil inventories in the United States saw an increase of 1.7 million barrels during the week ending March 14, according to new data from the U.S. Crude oil prices were trading down prior to the crude data release by the U.S. crude oil inventories amid a strong gasoline draw. essentially

Crude Oil 278

Crude Oil American Petroleum Institute Oil API 278

OilPrice

APRIL 2, 2025

Indias crude oil imports from the United States jumped by 67% in March from a month earlier as Indian refiners scrambled to replace Russian volumes and the U.S. oil as the country is looking to reduce its huge trade pushed for India and other major trade partners to buy more American energy. Indias U.S. Indias U.S.

Crude Oil 304

Crude Oil Oil Barrel Energy 304

OilPrice

JUNE 27, 2025

The risk of crude oil supply disruption in the Middle East has dropped to just 4%, according to options traders, Goldman Sachs said in a new note, after Israel and Iran agreed to a ceasefire earlier in the week. Among the factors driving these expectations, Goldman listed the absence of any disruption during the latest…

Oil 213

Oil Crude Oil Barrel 213

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. Crude oil prices were trading down prior to the crude data release by the U.S. million barrels in U.S. million barrels in U.S.

Crude Oil 269

Crude Oil American Petroleum Institute Oil API 269

OilPrice

JUNE 9, 2025

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement which had a large output hike planned for last month. million barrels per day (bpd) in May, up by 150,000 bpd from April, a Reuters survey showed on Monday. All 12 OPEC members produced 26.75

Oil 230

Oil Crude Oil Barrel 230

OilPrice

APRIL 29, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 million barrels in the week ending April 25, after analysts had estimated a much smaller 390,000-barrel build. The API reported a 4.565 million barrel dip in the prior week.

Crude Oil 248

Crude Oil American Petroleum Institute API Oil 248

OilPrice

APRIL 2, 2025

Global seaborne crude oil flows rose in March from February, just ahead of the supply increase coming from OPEC+ in April, oil flows tracking data by Bloomberg showed on Wednesday. Global crude exports averaged 39.92

Crude Oil 297

Crude Oil Oil Barrel 297

OilPrice

APRIL 22, 2025

Saudi Arabias crude oil exports jumped by nearly 500,000 barrels per day (bpd) in February compared to January, the latest data from the Joint Organizations Data Initiative (JODI) showed on Tuesday. Saudi crude oil production averaged 8.947 million bpd in February, essentially flat compared to the 8.917 million

Crude Oil 275

Crude Oil Oil Barrel 275

OilPrice

APRIL 15, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.4 million barrels for the week ending April 11. The API estimated a 1.057 million barrel drop in the prior week. Analysts expected a loss of 1.680 million for the week.

Crude Oil 227

Crude Oil American Petroleum Institute API Oil 227

OilPrice

MARCH 25, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 million barrels for the week ending March 21. million barrels. So far this year, crude oil inventories have climbed more than 16 million barrels, according to Oilprice calculations of API data.

American Petroleum Institute 343

American Petroleum Institute API Crude Oil Oil 343

OilPrice

MAY 13, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.287 million barrels in the week ending May 9a shock after analysts had estimated a 2.4-million-barrel million-barrel draw. million barrel inventory decrease in the prior week. The API reported a 4.49

Crude Oil 211

Crude Oil American Petroleum Institute API Oil 211

Energy Outlook Advisors

JUNE 25, 2025

June 25, 2025 Subscribe now EOA’s Main Takeaway US crude oil 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.

Oil 150

Oil Crude Oil Barrel 150

OilPrice

JULY 1, 2025

Russia’s seaborne crude oil shipments barely budged in late June, holding near two-month lows despite a modest uptick from major ports. In the four weeks to June 29, crude exports averaged 3.21 million barrels per day (bpd)—up just 1% from the previous four-week period, according to Bloomberg tracking data.

Oil 179

Oil Crude Oil Barrel 179

OilPrice

JUNE 4, 2025

Crude oil inventories in the United States fell by 4.3 million barrels during the week ending May 30, according to new data from the U.S. Crude oil prices were trading up prior to the crude data release by the U.S. million barrels in U.S. million barrels in U.S. per barrel (+0.27%)

American Petroleum Institute 304

American Petroleum Institute Crude Oil API Oil 304

OilPrice

JULY 2, 2025

Chinese refiners continue to buy high volumes of crude oil from Iran, with first-half imports at the major port clusters estimated at nearly 1.4 million barrels per day (bpd), according to oil flow tracking data from Kpler cited by Bloomberg.

Crude Oil 152

Crude Oil Oil Barrel 152