Category: Oil
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Colonial Pipeline’s Main US Gasoline Artery Likely Shut Until Friday

Wedoany.com Report-Jan 16, Colonial Pipelines main U.S. gasoline artery is expected to remain shut through Friday as the company continues to search for the source of a suspected leak in Paulding Coun...

2025-01-16

Parliament Discusses Additional Loan Agreement for Mongolian Oil Refinery

Wedoany.com Report-Jan 15, The Standing Committee on Economics of the Mongolian Parliament discussed the draft loan agreement between the government of Mongolia and the Export-Import (Exim) Bank of In...

2025-01-15

Basrah Crude Prices Surge Over 5% as Oil Markets Recover

Wedoany.com Report-Jan 15, Basrah crude oil prices climbed more than 5%. Basrah Heavy crude increased by $3.74, or 5.08%, to $77.30 per barrel, while Basrah Medium crude climbed by $3.79, or 4.94%, to...

2025-01-15

Azerbaijani Oil Prices Decrease

Wedoany.com Report-Jan 15, The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by $0.97 on January 14 compared to the previous rate, landing a...

2025-01-15

Shell Pakistan Rebrands as Wafi Energy Pakistan Following Acquisition

Wedoany.com Report-Jan 15, Shell Pakistan Limited has officially changed its name to Wafi Energy Pakistan Limited, effective January 13, 2025. The Securities and Exchange Commission of Pakistan (SECP)...

2025-01-15

Oil Little Changed as Falling US Stockpiles Outweigh Soft Demand Outlook

Wedoany.com Report-Jan 15, Oil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and expectations of supply disruptions from sanctions on Russi...

2025-01-15

EIA Expects Oil Prices to Be Under Pressure From Oversupply in 2025, 2026

Wedoany.com Report-Jan 15, Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Shor...

2025-01-15

Guyana Exported 225 Crude Cargoes in 2024

Wedoany.com Report-Jan 15, Guyana exported 225 cargoes of crude oil in 2024, its energy minister said on Tuesday, as a consortium led by U.S. major Exxon Mobil (XOM.N), opens new tab continued ramping...

2025-01-15

BP Eyes First Gas Months Earlier With Subsea Ops Already Underway, as Valaris Rig Moves to Next Well

Wedoany.com Report-Jan 14, UK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month. To this end, subsea commissioning operations ...

2025-01-14

Azerbaijani Oil Price Surpasses $84

Wedoany.com Report-Jan 14, A barrel of Azeri Light crude rose by $2.67, or 3.51 %, reaching $84.53 on Tuesday. The lowest price ever recorded for Azeri Light was $15.81 per barrel on April 21, 2020, w...

2025-01-14