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...
Nigeria’s Crude Oil Output to Increase as Shettima Inaugurates $315M FPSO in Dubai
Wedoany.com Report-Dec 17, Nigeria’s crude oil production will rise by 30,000 barrels per day (bpd) as Vice President Kashim Shettima inaugurated Oriental Energy Resources Limited’s $315 m...
US Sanctions Disrupt Iranian Crude Flows to China, Vortexa Says
Wedoany.com Report-Dec 17,Iranian crude exports to China have been disrupted by broader US sanctions on tankers, according to Vortexa Ltd., squeezing oil flows to the OPEC producer’s most import...
Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Wedoany.com Report-Dec 14,Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil supply in 2025. ...
OPEC Says Russia Made Small Cut to Oil Output in November
Wedoany.com Report-Dec 13,Russias crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on...
OPEC Daily Crude Output up 0.5% in Nov.
Wedoany.com Report-Dec 13,Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to average 26.66 millio...
Indonesia’s Pertamina Has Signed Oil Block Contract -Regulator
Wedoany.com Report-Dec 13,Indonesian state energy firm PT Pertamina has signed a production sharing contract with the government for the countrys second-largest crude producing field, said the head of...