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Asia eyes oil sourcing flexibility from Angola as output rises after OPEC exit
04 May 2024 03:40 GMT
… after the country quit OPEC following a month-long … them."
Angola produces heavy crude that is popular among refineries … , without any constraints from OPEC output rules.
Light sweet … refiners.
"We believe OPEC quota is an extremely sensitive …
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Basrah crudes show a downtick following OPEC's voluntary supply cut
01 May 2024 13:00 GMT
… due to OPEC's voluntary cuts.
Basrah Heavy crude decreased by … as agreed within the broader OPEC+ alliance.
In March, Iraq … to compensate for exceeding its OPEC target. However, recent data … the largest production increases within OPEC in 2023.
According to …
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US heavy crude oil prices increase to similar level as light crude
10 Apr 2024 18:02 GMT
… has created upward pressure on heavy crude prices. The US had initially … the below form
By GlobalData
OPEC+ countries’ recent output cuts added …
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US Gulf Coast heavy crude oil prices firm as supplies tighten
09 Apr 2024 10:52 GMT
… to process.
Pushing up heavy crude prices are falling oil … cuts by the Organization of the Petroleum Exporting Countries and allies (OPEC+).
Heavy Louisiana … of its flagship Maya heavy crude by 122,000 barrels … crude in recent months.
OPEC+ has agreed to extend …
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Trans Mountain pipeline extension could be trouble for OPEC member Iraq
15 Apr 2024 19:45 GMT
… producers’ ability to ship their heavy crude to the Pacific Coast, will … Heavy that’s produced in OPEC member Iraq, Susan Bell, a …
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Canada’s Trans Mountain Project Seen Spelling Trouble for OPEC Member Iraq
15 Apr 2024 13:57 GMT
… producers’ ability to ship their heavy crude to the Pacific Coast, will … Heavy that’s produced in OPEC member Iraq, Susan Bell, a …
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Analysis-Heavy oil shortage spells higher cost for shippers, road builders
03 May 2024 06:26 GMT
… shrinking already limited supplies of heavy crude in the Atlantic basin, … result of constrained OPEC production, meanwhile non-OPEC+ countries are supplying … Vortexa, referring to the Organization of the Petroleum Exporting Countries and its allies such as …
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Medtronic: 'Pivotal Moment' in Women's Heart Health
03 May 2024 06:03 GMT
… crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal … actions of the Organization of the Petroleum Exporting Countries Plus ("OPEC+"), the … crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen ( …
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Iran’s Oil Price, Output Surge in March 2024: OPEC
12 Apr 2024 11:55 GMT
… $3 in the reported month, OPEC added.
Iran’s oil production … to a month earlier.
The OPEC total crude oil production volume … each barrel of Iran’s heavy crude oil in March 2024 reached … .
The average oil price of OPEC in March 2024 reached $84 …
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Most Aramco buyers get full April volumes but heavy crude supply trimmed, sources say
11 Mar 2024 08:41 GMT
… the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, decided … more Arab Medium and Arab Heavy crude but its request wasn…