This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Kenya hopes it will begin commercial crudeoil production and exports next year, Opiyo Wandayi, Cabinet Secretary for Energy and Petroleum, said on Monday, as companies are finalizing an asset sale and development project plans for an onshore resource basin.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States fell again, this time by 4.277 million barrels in the week ending June 20 after analysts had estimated a much more conservative 600,000-barrel draw. So far this year, crudeoil inventories are up 3.3
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose this week, this time by 680,000 barrels in the week ending June 27 after analysts had estimated a 2.26-million-barrel million-barrel draw. Earlier this week, the…
Crudeoil 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.
Crudeoil deliveries to the strategic petroleum reserve will be delayed by seven months due to maintenance, the Department of Energy has said. Due to site maintenance, the SPR rescheduled crudeoil secured from previous solicitations, as well as exchanges, through December 2025,” a Department…
The American Petroleum Institute (API) estimated that crudeoil 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. million barrels again to 396.7
Weekly CrudeOil Storage as of June 20, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.8 Summary of weekly petroleum data for the week ending June 20, 2025 U.S. crudeoil imports averaged 5.9 million barrels, U.S. Imports U.S.
Weekly CrudeOil Storage as of June 6, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.6 Summary of weekly petroleum data for the week ending June 6, 2025 U.S. crudeoil refinery inputs averaged 17.2 crudeoil imports averaged 6.2
Crudeoil inventories in the United States fell by 5.8 Crude prices were trading up ahead of the report. Crude prices were trading up ahead of the report. million barrels during the week ending June 20, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 So far this year, crudeoil inventories have climbed nearly 23 million barrels, according to Oilprice calculations of API data.
Crudeoil inventories in the United States increased by 3.8 Crude prices were trading up ahead of the report. Crude prices were trading up ahead of the report. The American Petroleum Institute (API) on Tuesday had estimated a 680,000-barrel build for the week ending June 27 after analysts had estimated a much smaller 2.26-million-barrel…
billion contract to Strategic Storage Partners, LLChardly a household nameto manage the Strategic Petroleum Reserve (SPR)Americas emergency stash of crudeoil. After a transition period, Strategic Storage Partners will take over from the current SPR management firm, Fluor Federal Petroleum Operations (FFPO) on June 15, 2025.
Crudeoil inventories in the United States fell by 11.5 Crude prices were mixed ahead of the report amid broader macro signals. Crude prices were mixed ahead of the report amid broader macro signals. million barrels during the week ending June 13, according to new data from the U.S.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose by 4.593 million barrels for the week ending March 14. So far this year, crudeoil inventories have climbed more than 21 million barrels, according to Oilprice calculations of API data. million-barrel build.
The American Petroleum Institute (API) estimated that crudeoil 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. The API reported a 3.3 million barrel inventory decrease in the prior week.
Crudeoil 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. Crudeoil prices were trading down prior to the crude data release by the U.S. crudeoil inventories with draws in gasoline and distillate stocks.
Crudeoil inventories in the United States saw an increase of 1.7 Crudeoil prices were trading down prior to the crude data release by the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a build of 4.593 million barrels in U.S. essentially
Crudeoil inventories in the United States saw a large increase of 6.2 Crudeoil prices were trading up prior to the crude data release by the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a build of 6.037 million barrels in U.S. ET at $74.50a
million barrels on June 27, the EIA's latest weekly petroleum status report showed. 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
Nigerias Dangote Petroleum Refinery has suspended sales of petroleum in the country after it stopped receiving naira-denominated crude cargoes from the state-owned Nigerian National Petroleum Company (NNPC). To date, our sales of petroleum products in naira have
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose 3.76 So far this year, crudeoil inventories are up more than 23 million barrels, according to Oilprice calculations of API data. The API reported a 4.565 million barrel dip in the prior week.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States fell by 4.6 So far this year, crudeoil inventories have climbed more than 16 million barrels, according to Oilprice calculations of API data. million barrels for the week ending March 21. million barrels.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose by 2.4 So far this year, crudeoil inventories have climbed more than 24 million barrels, according to Oilprice calculations of API data. million barrels for the week ending April 11.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose again, this time by 2.499 million barrels in the week ending May 16 after analysts had estimated a 1.85-million-barrel million-barrel draw. The API reported a 4.287 million barrel inventory increase in the prior week.
India, the world’s third-largest crudeoil importer, which depends on imports for about 85% of its daily consumption, considers building three new sites to raise its strategic petroleum reserves. Currently, India’s underground Strategic Petroleum… In case of exigencies, we will be better prepared,” Jain said.
The American Petroleum Institute (API) estimated that crudeoil 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. The API reported a 4.49 million barrel inventory decrease in the prior week.
Crudeoil 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. Crudeoil prices were trading down prior to the crude data release by the U.S. crudeoil inventories with draws in gasoline and distillate stocks.
Crudeoil inventories in the United States saw an increase of 2.6 Crudeoil prices were trading sharply down prior to the crude data release by the U.S. On Tuesday, the American Petroleum Institute million barrels during the week ending April 4, according to new data from the U.S.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States fell 4.565 million barrels in the week ending April 18. So far this year, crudeoil inventories are still up more than 19 million barrels, according to Oilprice calculations of API data. The API estimated a 2.4
Crudeoil inventories in the United States fell by 4.3 Crudeoil prices were trading up prior to the crude data release by the U.S. On Tuesday, the American Petroleum Institute (API) reported a drop of 3.3 crudeoil inventories, with a sizable build in gasoline stocks. million barrels in U.S.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States fell 4.49 So far this year, crudeoil inventories are up more than 18 million barrels, according to Oilprice calculations of API data. million barrels in the week ending May 2, after analysts had estimated a 2.5-million-barrel
Crudeoil 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. Crudeoil prices were trading down prior to the crude data release by the U.S. Energy Information Administration released on Wednesday.
Crudeoil inventories in the United States saw a decrease of 3.3 Crudeoil prices were trading up prior to the crude data release by the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a draw of 4.6 crudeoil inventories amid a strong gasoline draw.
Saudi Arabias oil revenues have been suffering from the oil price slump during the second quarter. But theres a silver lining in falling crude prices profits from refining the crude rise with cheaper feedstock. Stronger refining margins and higher exports of petroleum products have generated more income
Crudeoil prices earlier today touched a three-week high, driven by the latest U.S. oil inventory report by the American Petroleum Institute and expectations of tighter supply on Washingtons double-down on oil sanctions against Iran and Venezuela. Brent crude was trading at $73.13 This was a bigger than
Crudeoil inventories in the United States saw an increase of 1.4 Crudeoil prices were trading up prior to the crude data release by the U.S. crudeoil inventories amid strong product draws. crudeoil inventories amid strong product draws. The Brent benchmark was trading
million barrels on June 20, the EIA's latest weekly petroleum status report showed. 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 “At 415.1
crudeoil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly released monthly EIA data. Total petroleum product supplieda broad proxy The increase reflects steady momentum from the Permian and Gulf Coast operatorseven as drilling activity slows elsewhere.
The Organization of Petroleum Exporting Countries (OPEC) reduced its crudeoil production in March, ahead of its planned production increase for May, a new Bloomberg survey showed on Tuesday. OPEC reduced its crudeoil production for March to an average of 27.43
Crudeoil inventories in the United States saw a decrease of 2.7 Crudeoil prices were trading down prior to the crude data release by the U.S. On Tuesday, the American Petroleum Institute (API) reported a sizeable build in US crudeoil inventories of 3.76 Energy Information Administration.
Crudeoil 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. Crudeoil prices were trading up in a rare show of strength prior to the crude data release by the U.S. Energy Information Administration released on Wednesday.
crudeoil production hit a record 13.47 million bpd in March, according to data released by the Energy Information Administration as part of its Petroleum Supply Monthly series. oil output at 13.49 petroleum product supplied, [Read more] million barrels-per-day in April, up from 13.45 million bpd in March.
Weekly CrudeOil Storage as of March 14, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 1.7 Summary of weekly petroleum data for the week ending March 14, 2025 U.S. crudeoil refinery inputs averaged 15.7 million barrels, U.S.
Weekly CrudeOil Storage as of May 30, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 4.3 Summary of weekly petroleum data for the week ending May 30, 2025 U.S. crudeoil imports averaged 6.3 million barrels from the previous week.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content