U.S. crude oil inventories fell by 3.4 million barrels last week, beating expectations. This drop is explained by the increased activity of American refineries, which are operating at 95.4% of their capacity.
U.S. crude oil inventories fell by 3.4 million barrels last week, beating expectations. This drop is explained by the increased activity of American refineries, which are operating at 95.4% of their capacity.
BP announces "unfavorable adjustments" of $1-2 billion in the second quarter of 2024, mainly due to the transformation of its Gelsenkirchen refinery in Germany.
BP announces "unfavorable adjustments" of $1-2 billion in the second quarter of 2024, mainly due to the transformation of its Gelsenkirchen refinery in Germany.
China has ordered its oil companies to add 60 million barrels of oil to its strategic reserves, according to Vortexa and commercial sources, to ensure security of supply.
China has ordered its oil companies to add 60 million barrels of oil to its strategic reserves, according to Vortexa and commercial sources, to ensure security of supply.
Nigeria approves the sale of Eni and Equinor oil assets, enabling Oando and Chappal to strengthen their local presence. These transactions mark a significant turning point in the country's oil sector.
Nigeria approves the sale of Eni and Equinor oil assets, enabling Oando and Chappal to strengthen their local presence. These transactions mark a significant turning point in the country's oil sector.
The U.S. Department of Energy (DOE) sells 1 million barrels from the Northeast Gasoline Supply Reserve to stabilize prices before the summer vacations.
The U.S. Department of Energy (DOE) sells 1 million barrels from the Northeast Gasoline Supply Reserve to stabilize prices before the summer vacations.
