OPEC Oil Production Falls as UAE Leads Supply Cuts
Wedoany.com Report-Jan 7，Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) declined last month, as the United Arab Emirates (UAE) intensified supply cutbacks aimed ...
Azerbaijani Oil Prices Increase
Wedoany.com Report-Jan 7，The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta rose by $0.48 on January 6 compared to the previous rate, reaching $79.48 pe...
Oil Prices Extend Losses, Firmer Dollar and Supply Outlook Weigh
Wedoany.com Report-Jan 7，Oil prices extended losses into a second straight session on Tuesday on technical correction after last weeks rally, while forecasts for ample supply and a firm dollar also wei...
Alberta Looks to Spur New Pipelines by Guaranteeing Barrels
Wedoany.com Report-Jan 7，Alberta’s government plans to directly dedicate barrels of oil for new pipeline projects in a bid to accelerate the expansion of production in the western Canadian provin...
US Gulf Coast Fuel Oil Imports Hit Record Low as Latam Deliveries Slow
Wedoany.com Report-Jan 7，Fuel oil deliveries into Americas largest refining hub on the U.S. Gulf Coast fell to a record low in December, according to data from ship tracker Kpler, as Latin American sup...
Oil Prices Ease as Weak Economic Data Offsets Higher US Winter Storm Heating Demand
Wedoany.com Report-Jan 7，Oil prices eased in volatile trade on Monday as some bearish economic news from the United States and Germany offset bullish support from a weaker U.S. dollar and forecasts for...
Canada’s Suncor Says Oil and Gas Production Rose in Fourth Quarter
Wedoany.com Report-Jan 7，Canadian oil and gas company Suncor (SU.TO), opens new tab said on Monday it saw higher upstream production and throughput at its refineries in the fourth quarter. The Calgary,...
Phillips 66 Buys EPIC’s Permian NGI Midstream Assets for $2.2b
Wedoany.com Report-Jan 7，Phillips 66 (PSX) has entered into a definitive agreement to buy EPIC Y-Grade GP LLC and EPIC Y-Grade LP, which own various subsidiaries and long haul NGL pipelines, fractionat...
SOCAR Enhances Safety Measures Amid Unstable Weather Conditions
Wedoany.com Report-Jan 6，Due to the sharp changes in weather conditions, including windy and unstable weather across the country, the "Azneft" Production Association of the State Oil Company of Azerbai...
In 2024 Oil Shipments From Venezuela to Cuba Fell by Almost Half
Wedoany.com Report-Jan 6,Madrid, 3 January 2025 — Fuel shipments from Caracas to the Island fell by more than 42% in 2024. The data, published by Reuters, is even more striking if we take into accoun...