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OPEC+ extends deep oil production cuts into 2025
Reuters via Yahoo Finance· 13 hours agoLONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid...
OPEC+ seen prolonging cuts in 2024 and into 2025, two sources say
WHTC 1450 Holland· 13 hours agoLONDON/DUBAI (Reuters) -OPEC+ will likely prolong voluntary oil cuts into the third and possibly...
Kuwait officially inaugurates Al Zour mega-refinery as it hits record capacity
Gulf Business· 4 days agoAs a member of OPEC, Kuwait aims to boost its production capacity to 4 million bpd by 2035
Why Is Enterprise Products (EPD) Up 1.1% Since Last Earnings Report?
Zacks via Yahoo Finance· 3 days agoSegmental Performance Pipeline volumes in NGL, crude oil, refined products and petrochemicals...
Asia's crude oil imports hit 12-month high, but it's India, not China: Russell
Reuters· 4 days agoAsia's imports of crude oil rose to the highest in 12 months in May, with the strength being driven by India as the region's second-biggest buyer is on track to see record arrivals. The world's ...
Goldman Sachs Projects Oil Demand Growth Till 2034
Zacks via Yahoo Finance· 4 days agoThe investment bank now anticipates crude usage to peak at around 110 million barrels per day (bpd) by that year, largely due to slowing momentum in...
Some OPEC+ ministers heading for Riyadh for oil output meeting, sources say
Reuters· 1 day agoDespite moving Sunday's oil output decision-making meeting online, several OPEC+ ministers plan to...
OPEC+ Gets Crumbs Of Comfort From 15% Uptick In India’s Monthly Oil Demand
Forbes· 3 days agoAccording to LSEG Oil Research data, as cited by Reuters, Asia will end May having imported 27.81 ...
US refiners boosting fuel output past 90% of capacity for summer driving season By Reuters
Investing.com· 2 days agoThe nationwide average price for a gallon on regular gasoline was $3.559 on Friday, just below the $3.576 of a year-ago, AAA said. During January and February, the latest months for which data ...
New mega-refinery helps Kuwait to record capacity: minister
AFP via Yahoo Finance· 4 days agoKuwait said Wednesday its refining capacity had reached a record 1.8 million barrels per day as it...