Crude oil
Power supply returning to Kazakhstan oil refinery, pipeline after outage
Power supply is returning in Kazakhstan after a significant outage affected an oil refinery, major oilfields and the CPC export pipeline, the Central Asian nation's energy ministry said.
Atyrau oil refinery in Kazakhstan halted due to power outage
The Atyrau oil refinery in western Kazakhstan was completely halted due to power outage.
Kuwait's KIPIC puts out fire at al-Zour refinery
Kuwait Integrated Petroleum Industries Company put out a fire at the al-Zour refinery without any reported injuries, a company spokesperson said.
U.S. crude oil output fell in April as demand slowed
U.S. field production of crude oil fell in April to 12.615 million bpd, its lowest since February, the U.S. Energy Information Administration said.
Is oil market’s glass half full or half empty?
Global petroleum prices appear reasonable given the level of inventories – to the frustration of the producers who would like them to be significantly higher.
Oil heads for fourth straight quarterly decline
Oil prices rose above $75 a barrel but were on course for a fourth consecutive quarter of losses amid concerns over sluggish global economic activity and fuel demand.
OPEC oil output posts small drop in June ahead of Saudi cut
OPEC oil output has fallen only slightly in June as increases in Iraq and Nigeria limited the impact of cutbacks by others, despite a wider OPEC+ deal and voluntary cuts by several members to support the market.
Oil steadies after spiking on U.S. inventory fall
Oil prices steadied, a day after rising sharply on a bigger-than-expected fall in U.S. inventories, as attention shifted back to rising interest rates denting global economic growth.
China's Unipec fights uphill battle to contain Middle East crude prices
The production cuts by OPEC+ may aim to keep crude prices high enough to satisfy the exporter group, but they are also starting to drive some unusual dynamics in the broader oil market.
Mexico's Pemex motor fuel production dipped last month
Motor fuel production from Mexico's state-owned oil company Pemex dipped last month, company data showed, falling short of ambitious government refining targets meant to wean the country off its long-standing dependence on foreign supplies.
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