-
There’s too much oil: Who are the winners and losers?
04 Dec 2025 16:17 GMT
… are churning out more barrels, too.
Supply from … on the oil industry.
Oil refiners
Cheaper crude can boost … global excess of oil?
Petrostates
For fossil-fuel exporters whose economies … acquisitions. Meanwhile, Occidental Petroleum Corp Chief Executive …
-
Russian oil exports reshuffled as non-sanctioned firms offset decline from Lukoil and Rosneft
04 Dec 2025 17:27 GMT
… by 1.1mn barrels a day. Oddly, oil exports by Russia’s … offers to dodge sanctions, oil exports were expected to fall temporarily … but not a single barrel of Russian crude oil has been sold below … the oil price cap of …
-
Saudis Cut Main Oil Price to 5-Year Low
04 Dec 2025 17:15 GMT
… a surplus in global oil markets.
State producer Saudi … of refiners and traders.
The Organization of the Petroleum Exporting Countries … Europe and North America.
Crude prices are down about 16% … tandem with hikes from the OPEC+ grouping itself, exceeded …
-
Florida Offshore Oil Drilling Public Comments Needed by January 23
04 Dec 2025 18:05 GMT
…
Oil Exports
The United States exports approximately 10 million barrels of petroleum products … a healthy environment, not oil refineries, storage tanks, oil platforms, and pipelines. … significant impact on domestic crude oil and natural gas production …
-
'India bought Russian oil long before Ukraine war': Putin slams West 'politicising' energy markets
04 Dec 2025 17:12 GMT
… refineries began importing more Russian crude because it allowed them to export … competitively priced fuels like diesel and aviation turbine fuel.
… now extending beyond crude oil into refining partnerships, LNG, petrochemicals, and discussions …
-
Oil Prices Impacted by Geopolitical Tensions and OPEC+ Production Plans
04 Dec 2025 16:52 GMT
… traded around $63 a barrel after a small 0. … the market, but Hengli Petrochemical International Pte. Ltd. CEO … Petroleum Exporting Countries (OPEC) brings together states whose economies depend on oil … and Venezuela.
This year, OPEC+ countries agreed to increase …
-
Fuel Costs Poised for Dramatic Surge in December 2025—The Warning for Drivers
04 Dec 2025 15:54 GMT
… picks up.
At home, refinery maintenance schedules and rising … roughly 4% increase in crude oil prices on the international … margin to petrol.
6. Are these increases permanent?
No. Fuel prices … may rise alongside other fuels.
12. How can families …
-
ULSD Softens, Oil Prices Edge Up as US Fuel Stocks Grow
04 Dec 2025 15:15 GMT
… January delivery rose $0.38 barrel (bbl) to $59. … the agency said. While fuel inventories typically rise this time … ban imports of fuels refined from Russian crude oil -- amid globally … in Venezuela. Last month, crude oil exports from the country surpassed 900 …
-
Exclusive-Kazakhstan's oil output declines as exports curbed by damaged terminal, source says
04 Dec 2025 15:43 GMT
… to 1.9 million barrels per day from an … OPEC+ member Kazakhstan, which exported about 68.6 million tons of oil … Kazakhstan and it also gets crude from Russian producers.
Kazakhstan … drone strikes on its refineries and export facilities.
Another industry source …
-
Cadez: Despite Challenges Surrounding NIS, Exports Are Strong, Reserves of Oil Derivatives Stable
04 Dec 2025 15:58 GMT
… ensuring sufficient reserves of oil derivatives as well as … seeing an increase in exports, regional economic cooperation was … secure the availability of oil derivatives which the state … problems. Now the refinery is stopping and Petrohemija is stopping, ergo …