Thursday

26-06-2025 Vol 19

Tag: Oil

Kazakhstan Increases Oil Exports Through Baku-Tbilisi-Ceyhan Pipeline in February 2023

Kazakhstan has increased its oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline, achieving a notable rise of 38% in February compared…

Russia’s Novak Predicts Increased Oil Demand During Upcoming Driving Season

According to Russia’s Deputy Prime Minister Alexander Novak, global oil demand is expected to increase in the coming months as…

IEA Predicts Oil Demand Decline in 2025 Due to Tariff Impact

The International Energy Agency (IEA) has issued a warning regarding the impact of new US tariffs on global oil demand…

Is the Era of Affordable Palm Oil Over? Biodiesel Demand Causes Production to Stall

The surge in biodiesel demand and stagnating palm oil production are driving prices higher, a significant shift for this once-affordable…

Russian Oil Exports to India Bounce Back in March, Report Sources

In March, Indian imports of Russian oil experienced a notable rebound, returning to levels close to normal after a three-month…

Occidental Petroleum Predicts U.S. Oil Production Will Peak Within the Next Five Years

Occidental Petroleum Corp’s CEO, Vicki Hollub, shared her insight at the CERAWeek conference in Houston, Texas, stating that U.S. oil…

API Reports Increase in U.S. Crude Oil Inventories Last Week

The American Petroleum Institute (API) announced on Tuesday that U.S. crude oil inventories saw an increase of 4.247 million barrels…

Gunvor CEO Indicates Global Oil Supply Growth Surpassing Demand Levels

The CEO of Gunvor, one of the largest oil trading companies globally, has indicated that the growth in oil supply…

Oil Prices Rise with Weak Dollar, but Tariff Worries Limit Increases

Oil prices experienced a slight increase on Wednesday, supported by a weaker dollar, although concerns about a potential U.S. economic…

Asian Crude Oil Market Share Competition Could Be Heating Up Soon

A new competition for crude oil market share in Asia appears to be emerging as major exporters Saudi Arabia and…