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Trump says India will stop buying Russian oil. That is easier said than done
06 Feb 2026 06:58 GMT
… , the refiner, which processes 400,000 barrels per day (bpd) of crude, has … Indian refineries. This is because different crude grades are suitable for different petroleum … tightening Russia’s revenue from oil exports.
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Iraq’s seaborne crude oil exports rise by 2.6% in January
06 Feb 2026 05:08 GMT
… its oil to worldwide markets; therefore, this statistic excludes overland exports via … average marine exports in 2025, which reached 3.33 million barrels per … ’ imports of Iraqi crude oil increased to 186,000 barrels per day compared …
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Oil heads for first weekly loss in seven weeks ahead of US-Iran talks
06 Feb 2026 07:01 GMT
… a
barrel at 0353 GMT, while the US West Texas Intermediate crude … 4%, at $63.54 a barrel.
The benchmarks are down more … export most of their crude via the strait, as does their fellow OPEC … oil output which will help push oil prices lower,
towards $50 per barrel …
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Can Foreign Investment Save Venezuela’s Broken Oil Sector?
06 Feb 2026 06:53 GMT
… key export grade is known as Merey. This is a heavy crude oil … total output, from dilapidated refineries for use as diluent that … s petroleum production plummeting to historical lows of 500,000 barrels … to OPEC data for 2025, Merey averaged $56.68 per barrel, …
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Oil set for first weekly decline in seven weeks ahead of US-Iran talks
06 Feb 2026 05:48 GMT
… a barrel at 0353 GMT, while the US West Texas Intermediate crude … 4%, at $63.54 a barrel.
The benchmarks are down more … export most of their crude via the strait, as does their fellow OPEC … oil output which will help push oil prices lower, towards $50 per barrel …
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OFAC Authorizes Certain Venezuelan Oil Sector Activities Following Venezuelan Reform
06 Feb 2026 06:20 GMT
… the viscosity of heavy Venezuelan crude, enabling its transportation and production … Government of Venezuela, including the petro"
any transaction involving persons … person who exports, re-exports, sells or supplies Venezuelan-origin oil to countries …
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Alberta Plans New Crude Oil Pipeline to Ship Energy Exports to Asia
06 Feb 2026 06:53 GMT
… of global oil demand growth, by shipping about 1 million barrels per … pipeline shipping Alberta’s landlocked crude for exports on tankers from the … signed an agreement to increase oil exports to Asian markets, address investment …
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US crude oil inventories down by 0.8% for week ending Jan. 30
06 Feb 2026 05:26 GMT
… 700,000 barrels.
Strategic petroleum reserves, which are excluded from commercial crude stocks … bpd, while exports fell by around 542,000 barrels bpd to around … . 14, the EIA predicted that crude oil output in the country would …
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Oil prices fall as Middle East supply disruption fears ease ahead of US-Iran talks
06 Feb 2026 05:57 GMT
… 74, to $67.05 a barrel at 0102 GMT after settling … the world's total oil consumption passes through the … OPEC members, Saudi Arabia, the United Arab Emirates, Kuwait and Iraq, export … most of their crude via the strait, as …
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Adedeji: Raw material exports won’t save Nigeria
06 Feb 2026 04:51 GMT
… few opportunities to diversify its exports using existing capabilities. “Because … has historically been anchored on crude oil exports, which account for the bulk … .
Despite several industrialisation and export diversification policies over the decades …