Crude Oil News

Crude Oil Price Movements - Dec 05
Austria >> 12/16/2005 - OPEC Reference Basket: In November the Basket continued the downward movement of the past two months. The weekly movement of the Basket was stimulated by the expectation for warmer winter in the Nor...
The Oil Futures Market - Dec 05
Austria >> 12/16/2005 - The downward price trend continued in November from October for the futures market. The prospect of adequate supply and comfortable stock levels amid the forecast for mild temperature weakened demand...
Stock Movements - Dec 05
Austria >> 12/16/2005 - US commercial oil inventories (excluding Strategic Petroleum Reserve SPR) during the period 28 October-2 December 2005 stood at 1,025.7 mb which was 20.1 mb or 0.57 mb/d above the level observed at...
Kuwait, China to Jointly Build Refinery, Petrochemical Plant in China
Kuwait >> 12/6/2005 - Kuwait, China signed on Monday a Memorandum of Understanding (MoU) to a build a refinery and a petrochemical plant in China's Kuan Shu province as a joint-venture by both nations. the refinery's capac...
Kuwait Project kept on The Agenda
Kuwait >> 12/5/2005 - Kuwait's $8.5-billion plan to raise crude production capacity by upgrading northern oil fields got a boost after a key parliamentary committee voted to keep the project draft law on the house's agenda...
Behregan Oil Region to Yield up to 60,000 BPD Oil
Iran >> 11/20/2005 - Behregan oil region will yield up to 60,000 barrels per day (bpd) oil and will contribute more to national oil output once the project for repair and overhaul of Behregansar oil platform is completed....
Recent Movements in Crude and Product Prices
Austria >> 11/16/2005 - The market situation has changed significantly over the last two years. One of the most pronounced developments has been the break in the conventional inverse relationship between US crude oil inve...
Oil Market Highlights - Nov 05
Austria >> 11/16/2005 - Impressive data from the Euro-zone confirmed that the third quarter was a period of strong growth for the world economy. For the first time in this expansion, all three developed regions achieved simu...
Crude Oil Price Movements - Nov 05
Austria >> 11/16/2005 - The OPEC Reference Basket in October sustained the downward trend, which has prevailed since late September. While the Asian market soaked up more sweet crude, which widened the sweet/sour spread amid...
Kuwait's Crude Oil to Japan Down 22 Percent in September
Kuwait >> 10/31/2005 - Japan's crude oil imports from Kuwait dropped 21.8 percent in September from a year earlier to 7.72 million barrels, according to the report released Monday by the government agency. Overall imports o...
Crude Oil Price Movements - Oct 05
Austria >> 10/17/2005 - The OPEC Reference Basket emerged in September on a strong bullish note as Hurricane Katrina whirled through the Gulf of Mexico significantly damaging oil operations. However, the bullish momentum was...
ExxonMobil To Increase Gasoline Supply to U.S. Gulf Coast
United States >> 9/2/2005 - ExxonMobil's second largest U.S. refinery, located in Baton Rouge, Louisiana, will be increasing the production of gasoline and other fuel products over the next several days and will promptly ramp-up...
BTC Begins to Fill
Azerbaijan >> 5/28/2005 - Filling the Baku-Tbilisi-Ceyhan (BTC) pipeline with crude oil between Azerbaijan and Turkey’s Mediterranean coast began on 25 May. Statoil has an 8.71 per cent stake in this facility. Ten million barr...
OPEC daily basket price stood at $50.21 a barrel Tuesday
Saudi Arabia >> 3/15/2005 - Vienna, 16 Mar. 05--The price of OPEC basket of seven crudes stood at 50.21 dollars a barrel on Tuesday, compared with 49.59 dollars the previous day, according to OPEC Secretariat calculations.
Crown Prince Inaugurates Qatif Plants
Crown Prince Inaugurates Qatif Plants Saudi Arabia >> 12/26/2004 - QATIF, December 26, 2004 -- Crown Prince 'Abd Allah ibn 'Abd Al-'Aziz Al Saud, First Deputy Prime Minister and Head of the National Guard, Sunday inaugurated Saudi Aramco's Qatif Producing Plants me...
SNC-LAVALIN Awarded Contract For Crude Oil Gathering Centre in Kuwait
Kuwait >> 11/25/2004 - SNC-Lavalin has been awarded a US $79.3 million contract by the Kuwait Oil Company (K.S.C.) to upgrade, modify and expand its currently operational "GC-27" Crude Oil Gathering Centre and related facil...
InterOil Announces Arrival of First Crude Oil Shipment for The Refinery
Papua-New Guinea >> 6/15/2004 - InterOil Corporation announced that the first shipment of crude oil for its refinery has arrived at InterOil’s marine terminal located across the harbour from Port Moresby. The InterOil refinery proje...
Oil & Gas Investment Highlighted
Saudi Arabia >> 12/10/2003 - LONDON, December 10, 2003 -- Saudi Aramco's plans in crude oil production and exports, refining, gas and petrochemicals were outlined in a wide-ranging presentation titled, "Saudi Arabia: Ample Inve...

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.