Crude Oil Futures Rise on Spot Demand - PTI
Wedoany.com Report-Dec 25,Crude oil futures climbed on Monday, driven by increased demand in the spot market. WTI and Brent crude also saw gains in global markets. Crude oil prices on Monday climbed R...
India to Overtake China in Crude Oil Consumption by 2024, 2025
Wedoany.com Report-Dec 25,India is poised to overtake China as the leading source of growth in global crude oil consumption. In 2024 and 2025, India will account for one-fourth of the growth in global...
KP Produces 30,000 Bpd of Crude Oil per Day
Wedoany.com Report-Dec 24,Similarly, the province produces 410 MMCFD of gas, which accounts for 13% of the national output. The province also produces 800 tons of LPG daily, representing 40% of the na...
Venezuela Sends Crude to India in New Deal
Wedoany.com Report-Dec 23,A high-seas oil tango is back on between Venezuelas state oil company PDVSA and India’s Reliance Industries, rekindling a swap arrangement paused by U.S. sanctions. Thi...
North Dakota Crude Output Cut by 520,000 B/D After October Wildfires
Wedoany.com Report-Dec 23,North Dakota, the third-largest producing state in the U.S., saw its crude production fall by 520,000 barrels per day in October after operators shut in wells to protect agai...
Saudi Crude Oil Exports Jumped to Three-Month High in October
Wedoany.com Report-Dec 20, Saudi Arabia’s crude oil exports rose to a three-month high in October, the latest data from the Joint Organizations Data Initiative (JODI) showed on Wednesday. Saudi ...
China Boosts Oil Inventories With Jump in Crude Imports
Wedoany.com Report-Dec 19,China’s crude oil imports soared in November, but most of the increase in purchases likely went to boosting stockpiles, data compiled by Reuters columnist Clyde Russell...
Canadian Oil Producers Forecast Higher Production in 2025
Wedoany.com Report-Dec 18,Three of Canadas biggest oil producers, Suncor Energy, Cenovus Energy and Imperial Oil, projected higher production in 2025, betting on resilient demand for Canadian crude in...
Oil Holds Weekly Gain After US Signals Tighter Russia Sanctions
Wedoany.com Report-Dec 17,Oil steadied after a weekly advance as the US signaled tighter sanctions on Russian crude and Chinese authorities vowed to shore up the nation’s economy. Brent crude tr...
India’s Crude Oil Imports From Russia Drop 55% in November, Lowest Since June 2022
Wedoany.com Report-Dec 17,Indias import of Russian crude dropped to its lowest level since June 2022 in November this year, reported the news agency PTI on Sunday, December 15, citing a Centre for Res...