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...

2025-01-07

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...

2025-01-07

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...

2025-01-07

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...

2025-01-07

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,...

2025-01-07

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...

2025-01-07

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...

2025-01-06

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...

2025-01-06

BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet

Wedoany.com Report-Jan 6,Emmanuel Addeh in Abuja The BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, was progressi...

2025-01-06

Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US

Wedoany.com Report-Jan 6,The US Energy Information Administration (EIA) announced on Saturday that Iraq was the second-largest oil exporter to the United States during the past week, surpassing Saudi A...

2025-01-06