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Oil Supply Newsletter

Saudi Arabia and India at Odds Over Crude Supply to Possible Joint Refineries 05 May 2025 16:15 GMT
… , to have about 20% of crude supply from Saudi Arabia for the …
Saudi push into Indian refining is stalling over crude supply 05 May 2025 10:29 GMT
… a lack of consensus around crude supply, according to people familiar with …
Saudi push into India refining stalls over crude supply 05 May 2025 10:32 GMT
That has increased pressure on both sides to finalize the investments in the new processors — BPCL’s proposed refinery and petrochemical complex on the east coast and ONGC’s on the west coast in Gujarat, the people said. However, without an agreement on …
Tariff Tracker, May 5: Asian banks offload dollar reserves, OPEC+ to increase oil supply 05 May 2025 08:02 GMT
… Saturday announced it would increase oil supply by 411,000 barrels per … fears of a glut in oil supply amid concerns of economic stress …
Why OPEC+ is increasing oil supplies despite falling prices 04 May 2025 11:19 GMT
LONDON — Oil prices are falling. Economists are cutting forecasts for global economic growth. Oil giants are reporting lower profits. But Saturday, eight countries that belong to the oil cartel known as OPEC+ said they would add about 411,000 barrels of …
Lebanese Finance and Energy Ministers discuss energy cooperation in Iraq 06 May 2025 10:23 GMT
… of energy, electricity, telecommunications, and oil supply. Their visit began with a …
Hess beats first-quarter profit estimate despite weak oil prices 06 May 2025 06:38 GMT
… weak global demand and increased oil supply from OPEC+. The company’s …
Crude oil futures rise amid tensions in West Asia 06 May 2025 06:39 GMT
… in production would increase crude oil supplies to the global market. Meanwhile …
NUPRC must act on crude oil diversions 06 May 2025 06:28 GMT
… domestic refineries under the Domestic Crude Supply Obligations (DCSO) have been accused … spokesman, Eche Idoko, said crude oil supply shortages and high cost have …
Baytex Announces First Quarter 2025 Results 06 May 2025 06:26 GMT
… recent decision to increase crude oil supply. The benchmark WTI price has …

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