Crude Oil News

The Crude Oil Futures Market
The Crude Oil Futures Market Austria >> 6/2/2013 - Crude oil futures saw a substantial drop again in April, with Brent falling 5.6% to July 2012 levels with a monthly average of around $103/b. Nymex WTI posted a much smaller loss of only 1% to average...
The Light-Sweet/Heavy-Sour Crude Spread
The Light-Sweet/Heavy-Sour Crude Spread Austria >> 5/13/2013 - In Europe, sweet/sour differentials narrowed as demand for medium-sour Urals received a boost from arbitrage with several cargoes seen leaving for both Asia and the USGC over March. The drop in the li...
The Crude Oil Futures Market Structure
The Crude Oil Futures Market Structure Austria >> 5/9/2013 - The Nymex WTI market structure narrowed over the month as new pipelines started to reduce the bottleneck in the Cushing area, the home of WTI. The Longhorn pipeline — which was reversed to run from Cr...
Crude Oil & Oil Products Export for April 2013
Crude Oil & Oil Products Export for April 2013 Azerbaijan >> 5/1/2013 - SOCAR Marketing and Economic Operations Department exported 159 thousand 155 tons of crude oil from the Novorossiysk Port, 242 thousand 367 tons of crude oil from the Supsa Port, and 1 million 830 tho...
The Crude Oil Futures Market
The Crude Oil Futures Market Austria >> 4/24/2013 - Crude oil futures prices declined in the month of March, with prices for both Brent and WTI falling well below last month’s highs. Reduced refinery demand due to substantial maintenance worldwide was ...
Crude Oil Price Movements - Apr 13
Austria >> 4/12/2013 - OPEC Reference Basket
The OPEC Reference Basket retreated by more than 5% in March to average $106.44/b. The decline was the largest since the 14% drop in June last year. The Basket’s va...
Surgutneftegas Reports Operating Results for March 2013
Russia >> 4/8/2013 - In March 2013, Surgutneftegas produced 5.211 mn tons of crude oil. Compared to the same period of 2012, added crude output equaled 0.7%. ...
SOCAR Crude Oil & Oil Products Export for March 2013
SOCAR Crude Oil & Oil Products Export for March 2013 Azerbaijan >> 4/2/2013 - SOCAR Marketing and Economic Operations Department exported 159 thousand 584 tons of crude oil from the Novorossiysk Port, 238 thousand 266 tons of crude oil from the Supsa Port, and 1 million 414 tho...
South Sudan Signs Fuel Supply Agreement with Trafigura
South Sudan Signs Fuel Supply Agreement with Trafigura South Sudan >> 3/26/2013 - The Government of South Sudan has signed a fuel supply agreement with Trafigura Pte Ltd. ...
The Light - Sweet / Heavy - Sour Crude Spread
The Light - Sweet / Heavy - Sour Crude Spread Austria >> 3/25/2013 - Sweet/sour spreads widened globally in February. Tapis versus Dubai and Dated Brent versus Urals Med managed to pull off gains over the month, benefiting from persistent weakness in sour crude differe...
AMGAS Launches New Sour Oil Recovery Process in ME
Canada >> 3/24/2013 - AMGAS Services Inc. (AMGAS) announced the launch of its new Sour Crude Oil Recovery (SCOR) process in response to the increased development of sour oil and gas in the Middle East. Sour oil and gas wel...
The Crude Oil Futures Market Structure
The Crude Oil Futures Market Structure Austria >> 3/20/2013 - The backwardation in the Brent market structure fell back in February under pressure from both the demand side and the supply side. Global demand was being hit by some 4 mb/d of idle refining capacity...
Brazil Should Sell 10 Bln Barrels of Oil Rights
Brazil >> 3/18/2013 - Brazil's oil regulator ANP suggested that the government sell 10 billion barrels of recoverable petroleum at an auction of exploration and production rights in November, ANP chief Magda Chambriard tol...
Petrogas Crude Oil Output Rises to 56,000 Bpd
Oman >> 3/18/2013 - Crude oil production from assets operated by Omani exploration and production firm Petrogas climbed to a record 56,000 barrels per day (bpd) last year, the company said in a report. This compares with...
The Crude Oil Futures Market
The Crude Oil Futures Market Austria >> 3/16/2013 - International crude oil futures prices retained their strength in February, spurred on during the first half of the month by a more positive economic sentiment, the bullish US gasoline market, product...
Oman Crude Output Up
Oman >> 3/11/2013 - The monthly report released by the Oil and Gas Ministry indicates that the Sultanate’s crude oil and condensates production in February 2013 stood at 25,946,031 barrels, an average of 926,644 barrel a...
SOCAR Delivers 2.3M Tons of Oil from Ceyhan Port in Feb 2013
Azerbaijan >> 3/11/2013 - 2 mln 287 thousand 206 tons of Azerbaijani oil was delivered from Ceyhan Port to the world market in February 2013. (1 mln 659 thousand 397 tons of this volume was the oil of the State Oil Fund of Aze...
Rosneft Signs Long-Term Contracts with Glencore & Vitol
Rosneft Signs Long-Term Contracts with Glencore & Vitol Russia >> 3/6/2013 - Rosneft signed long-term crude supply contracts with Glencore and Vitol, two of the world’s leading trading companies. Contracts signed are constituted by a series of supply transactions, the price of...
SOCAR Crude Oil & Oil Products Export for Feb 2013
Azerbaijan >> 3/4/2013 - SOCAR Marketing and Economic Operations Department exported 249 thousand 125 tons of crude oil from the Novorossiysk Port, 318 thousand 596 tons of crude oil from the Supsa Port, and 1 million 743 tho...
The Crude Oil Futures Market Structure
The Crude Oil Futures Market Structure Austria >> 3/3/2013 - Although remaining in contango for the entire month of January, the Nymex WTI market structure in January was at a much narrower range, supported by stronger prompt values of the WTI market. The main ...

Aromatic Solvents Butene Cleaning Corrosion Inhibiting Crude Oil Diesel Fuel Ethylene Fluids Drilling, Completion, Workover & Stimulation Fluids/Chemicals Fracturing Sand Fuel oil Gasoline (Lead free) General Jet fuel Kerosene. Domestic use Lubricants, Oils & Greases Nitrogen Oil Treating & Refining Polyethylene Polyvinyl chloride Propane Sand, Sandblast Surfactants
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.