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Nigeria’s Mega Refinery Halts Petroleum Sales in Naira

OilPrice

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

Petroleum 282
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U.S. crude oil inventories decrease by 5.8 million barrels

Oil & Gas 360º

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 Summary of weekly petroleum data for the week ending June 20, 2025 U.S. Refineries operated at 94.7% of their operable capacity last week.

Crude Oil 130
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U.S. crude oil inventories decrease by 3.6 million barrels

Oil & Gas 360º

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 Summary of weekly petroleum data for the week ending June 6, 2025 U.S. crude oil refinery inputs averaged 17.2 million barrels, U.S.

Crude Oil 130
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US refinery capacity grew by nearly 40,000 bpd to 18.4 million bpd in 2024

BOE Report

refinery crude oil processing capacity grew by nearly 40,000 barrels per day in 2024 to 18.4 Motiva Enterprises’ Port Arthur, Texas, plant became the largest single refinery by capacity at 640,500 bpd, passing Marathon Petroleum’s Galveston Bay Refinery in Texas City, Texas, according to [Read more]

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Record Refining Helps Saudi Oil Income amid Crude Price Decline

OilPrice

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

Oil 281
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U.S. crude oil inventories decrease by 4.3 million barrels

Oil & Gas 360º

Weekly Crude Oil Storage as of May 30, 2025 U.S. commercial crude oil 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. Refineries operated at 93.4% crude oil imports averaged 6.3

Crude Oil 130
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U.S. crude oil inventories increase by 1.7 million barrels

Oil & Gas 360º

Weekly Crude Oil Storage as of March 14, 2025 U.S. commercial crude oil 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. crude oil refinery inputs averaged 15.7 Imports U.S.

Crude Oil 130