Oil & Gas 360º

MARCH 6, 2025

That compared to an average of 50 cents a barrel a year ago, when record crude production at the top U.S. Permian oilfield and strong export demand for WTI Midland crude widened price differentials. WTI Midland crude traded at a $1.08 crude futures in March, easing from a 11-month high of $1.22 crude futures.

Refinery

Oil & Gas 360º

JUNE 4, 2025

The eight members of OPEC+ that were keeping their production of crude oil under restraints agreed on Saturday to add another 411,000 barrels daily to their combined total in July after making identical agreements for May and June. million barrels daily from 24.85 million barrels daily.

Oil

Oil & Gas 360º

MARCH 17, 2025

million barrels daily, which would solidify the countrys status as top global producerand a major reason for the weakness in oil prices. In the latest update from the cartel, Kazakhstan was the main overproducer, with an average daily rate of 1.767 million barrels in February versus a quota of 1.468 million barrels daily.

Barrel

Oil & Gas 360º

MARCH 26, 2025

(Investing) –HOUSTON -Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by mounting concerns about tighter global supply following the U.S. threat of tariffs on nations buying Venezuelan crude. a barrel by 10:42 a.m. million barrels to 433.6

Oil