Crude Oil News
Net imports rose by 2.94 million bpd in the week to June 27, the highest…
July 3rd 2025Four OPEC+ sources told Reuters last week the group plans to raise output by 411,000…
July 3rd 2025The rest of the Lower 48 states are expected to contribute 2.07 million barrels per…
July 2nd 2025There is still more than 4 million bpd of unused production capacity in the Persian…
July 2nd 2025The European Union wants immediate relief from tariffs in key sectors as part of any…
July 2nd 2025The share of petrochemical feedstocks in total oil consumption projected to increase from 15.8 percent…
July 1st 2025"But OPEC continues to unwind its production quota cuts, and we still expect an oversupply…
July 1st 2025West Texas Intermediate crude declined 20 cents, or 0.31%, to $64.91 a barrel.
July 1st 2025The field reached plateau by mid-June and is currently producing nearly 220,000 barrels of oil…
June 30th 2025In 2022 Iraq’s Supreme Court ruled the Kurdish oil and gas law unconstitutional, asserting federal…
June 30th 2025