… refineries were built specifically for heavy crude. You can’t just switch … ? No. Politically suicidal? Absolutely. On OPEC: OPEC doesn’t push for lower … ? $10-$12 per barrel. When OPEC crashes prices, CNQ keeps producing …

… s heavy crude fell in August in line with declines across OPEC’s … latest monthly report. Iran’s heavy crude averaged $69.18 a barrel … $3.29 for forward delivery. OPEC crude production rose by 478 … upbeat outlook came shortly after OPEC+ agreed on Sunday to raise …

… shift toward clean energy, OPEC (the Organization of the Petroleum Exporting Countries) expects oil and natural … to drill 182 net primary heavy crude oil multilateral wells this year …

… in Venezuela, a producer of heavy crude grades. S&P … 6 million barrels of waterborne heavy crude so far in July, down … production recovers and grows, and OPEC+ unwinds its 1.9 million … pointed to higher Latin American heavy crude prices. “This rebound is …

… market events including increased OPEC and Canadian production, as … of a contribution from heavy crude this quarter on differentials. … see those widen. Although OPEC began unwinding their production … . In addition to just OPEC, heavy Canadian production has …

… , as nagging concerns over increased OPEC+ supplies, higher inventory levels and … discount on Western Canadian Select heavy crude remains relatively low since the … the Trans Mountain expansion. Meanwhile, OPEC+ members are moving ahead with …

… 8.3 million barrels of heavy crude a day, adding tightness … are tightening the market for heavy crude, boosting prices for the sludgy … 8.3 million barrels of heavy crude a day, adding tightness … of heavy crudes, Dwivedi said. “OPEC could solve the tightness of …

… Secondary sources cited in OPEC’s February report indicated that … 28 million bpd. Meanwhile, OPEC+ members produced 13.947 … OPEC’s latest monthly report highlighted that Iran’s heavy crude oil … compared to December 2024. OPEC’s February report projected that …

… by rising supply from OPEC+. The July official … Arab Medium and Arab Heavy crude are expected to decrease … tumbled since OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies … May and June. Eight OPEC+ countries, set to meet …

… , light and medium crude oil, heavy crude oil, bitumen and natural gas … foregoing; determinations by the Organization of the Petroleum Exporting Countries and other countries as to …