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Saudi Arabia may raise April crude prices to Asia, first hike in 5 months
27 Feb 2026 09:30 GMT
… Arab Light crude
may rise by about $1 a barrel, returning to … Arabia
is increasing its oil production and exports as part of a … of the Petroleum Exporting Countries
and its allies, known as OPEC+, is likely …
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Oil Prices Slip about 1.5% on High US Crude Stocks, US-Iran Positivity
27 Feb 2026 07:50 GMT
… .36.
US crude inventories rose by 16 million barrels last week, … oversupply. OPEC+, which groups members of the Organization of the Petroleum Exporting Countries … and allies including Russia, is likely to consider raising oil …
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Movements In The Venezuelan Oil & Gas Industry Since Maduro’s Kidnapping
27 Feb 2026 07:56 GMT
… producing over three million barrels per day (bpd), years … The state-run company, Petróleos de Venezuela, SA (PDVSA), … lack of maintenance left refineries and pipelines broken, often … blockade blocked crude oil exports from Venezuela.
Venezuelan oil is now …
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Europe Considers Permanent Ban On Russia Oil Imports
27 Feb 2026 09:50 GMT
… While previous measures targeted Russian crude imports and price caps, … logistical backbone that enables oil exports to reach global markets. … rhetoric underscores the stakes. Oil exports remain a critical revenue stream … as much as the barrels themselves.
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Oil set to end week lower after US and Iran extend talks
27 Feb 2026 08:35 GMT
… .
Brent crude futures lost 5c to $70.70 a barrel by 3 … .31am GMT. US West Texas Intermediate (WTI) crude … Arabia is increasing its oil production and exports as part of a … as Opec+, are likely to consider raising oil output by 137,000 barrels …
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Philippine exports rise in January despite slower momentum, falling imports
27 Feb 2026 06:19 GMT
… provide a cushion against broader export softening,” Yue said.
Locally, Philippine … firms, including exporters, are facing higher production cost … PPI, followed by coke and refined petroleum products, and food manufacturing, the …
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New investments to boost Iraq’s Kirkuk oil exports
27 Feb 2026 07:11 GMT
… state oil marketing firm said.
Kurdistan now exports around 200,000 barrels per … would not affect Iraq’s crude exports from its southern oilfields.
He … by OPEC PLUS is around 4.274 million and that it exports …
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February inflation seen rising to 2.4% on oil, base effects
27 Feb 2026 06:19 GMT
… Sea, tighter supply from petroleum-exporting countries, and stronger … shows up first in fuel and transport, then feeds … persistent price pressures, particularly oil.
Philippine Statistics Authority ( … current price trajectory for crude is significantly higher …
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Eni Can Take Venezuelan Oil to Settle Gas Debts, CEO Says
27 Feb 2026 09:45 GMT
… Venezuela's state-run oil company PDVSA under a dollar … since 2019.
Eni also produces crude in the shallow water Corocoro … in Venezuela's main oil region, the Orinoco Belt.
… , he added.
Eni could eventually export part of the gas produced …
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EU trade surplus with US hits €200bn as exports climb
27 Feb 2026 05:58 GMT
… Compared with 2024, both exports and imports increased by 3 … imports edged up slightly while exports registered a modest decrease.
… the fourth quarter, both exports and imports declined, signalling a … per cent, followed by petroleum and related materials at 11 …