The American Petroleum Institute (API) estimated that crude oil inventories in the United increased by 1 million barrels for the week ending January 17. Analysts surveyed by Reuters had expected ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Cheap cargoes and weak refining margins boosted China’s crude oil ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 532.50 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.72 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.46 ...

Nigeria’s crude oil revenue rose to about N50.88tn in 2024, findings by The PUNCH revealed. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission, an agency of the Federal ...

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA ...

US crude oil stocks rose sharply last week, EIA says China hits US with tariffs on imports of oil, other energy commodities Trump clamp-down on Iran may support prices near term Feb 5 (Reuters ...

Rising Oil prices ripple across sectors: Oil, Aviation, Paint, and Tyre stocks slide (Image: Reuters) The global oil market today, January 13 saw a sharp spike in Brent crude prices, surpassing ...

NEW YORK, Jan 31 (Reuters) - Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as those coming in from Mexico and Canada.

As of September 2024, global oil production has decreased by nearly 4 mb/d to 80.8 mb/d. The total liquids supply is flat, but NGLs are not a good replacement for crude. This decline in ...

The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company Limited becomes insufficient for fuel production at the $20bn Lekki-based ...

The DAX index in Germany rose 0.4%, the... Crude Oil: More Downside Likely After Trump's Davos Speech Targets OPEC and Russia By Warren Patterson - Jan 24, 2025 1 Oil prices traded lower yesterday ...