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Crude Oil Newsletter
  • India’s crude oil production falls to 28.7 MMT in FY25, self-sufficiency at 12.3% 10 Jul 2025 03:26 GMT

    … contributed the highest share of crude oil at 43 per cent, followed … , power at 12 per cent, refineries at 8 per cent, and … ,512 MMSCM in FY24. Retail fuel outlets reach 96,726; ethanol … to data from the Petroleum and Natural Gas Regulatory Board (PNGRB) cited …

  • Lowes Petroleum expands aviation fuel network 10 Jul 2025 02:14 GMT

    … Petroleum’s aviation division, Lowes Air, now supplies aviation fuel … Tasmania. The Goondiwindi-based fuel provider expanded its aviation operations … the company’s aviation fuel was only available via … terminal tank for JetA1 fuel. The system supports both …

  • Oman crude oil price climbs to $72.17 per barrel 09 Jul 2025 23:57 GMT

    … : The official price of Oman crude oil for September delivery rose by … monthly average price for Omani crude in July fell to $63 … loomed in the background. Brent crude futures gained 10 cents, or … GMT. US West Texas Intermediate crude was up 15 cents, or …

  • EIA Backs up API With Shocking Rise of US Crude Oil Inventories 09 Jul 2025 23:28 GMT

    … , 2025, 9:43 AM CDT Crude oil inventories in the United States … for this time of year. Crude prices were trading down ahead … the report, after the American Petroleum Institute (API) on Tuesday estimated …

  • Dangote refinery to build massive fuel storage facility in Namibia 10 Jul 2025 04:13 GMT

    Nigeria’s Dangote Petroleum Refinery is set to build large fuel storage tanks in … process 650,000 barrels of crude oil per day. Ranked by Bloomberg … imported fuels and establish Nigeria as a key hub for refined petroleum products …

  • Iraq's oil reserves top 145 billion barrels, minister confirms 10 Jul 2025 02:08 GMT

    … of crude oil and 132 trillion cubic feet of natural gas, Iraqi … the continued importance of fossil fuels in meeting global energy … that “sustained investment in oil and gas remains critical for both … and reduce dependence on imported fuels. He also noted Iraq’ …

  • Iraq Launches Najaf Refinery Expansion Project 10 Jul 2025 01:33 GMT

    … was attended by Deputy Oil Minister for Refining Affairs, Adnan Mohammed Hammoud … the Ministry of Oil, the expansion will raise the refinery';s total … aviation fuel, and liquified petroleum gas (LPG), used in making polypropylene. (Sources: Ministry of Oil …

  • NUPRC: Nigeria’s Oil Industry Rebounding, Rig Count Now 46, Up from 8 in 2021 10 Jul 2025 04:08 GMT

    … in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said … signs that Nigeria’s oil and gas industry had begun to … additional 300,000 barrels daily crude oil production. It said these … up the country’s crude oil output by one million …

  • Diesel fuel shortage looms, threatening to raise transport and heating costs 10 Jul 2025 00:34 GMT

    … for an eventual oversupply of crude oil that could push prices lower … for a shortage of diesel fuel that threatens to raise transport …

  • How will markets open today? GIFT Nifty up, Trump’s tariff, oil and 9 other cues at this hour 10 Jul 2025 02:13 GMT

    … the dollar on July 09. Crude oil Oil prices remained under pressure on … trend. West Texas Intermediate (WTI) crude saw a modest dip of … .12 per barrel. Meanwhile, Brent crude also inched lower, down 0 …

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