WTI crude oil (CL1:COM) (CO1:COM) trades near $58 and sits pinned at a one-month low as the market absorbs a possible ...

FPSO crude separation is a staged, three-phase process that uses pressure letdown, heating, and electrostatic coalescence to split well fluids into stabilized crude, export gas, and treated produced ...

Crude oil transport from FPSOs moves stabilized crude from offshore storage to market via shuttle tankers or pipelines, linking offshore production to midstream logistics and refining. II.2.1 ...

Reliance Industries has purchased 1 million barrels of Kuwaiti crude as Indian refiners halt Russian oil imports in response ...

The United States pumped an all-time high of 13.3 million barrels per day (bpd) of crude oil in 2024, the Energy Information Administration (EIA) said in its Petroleum Supply Annual released on Friday ...

Reliance Industries has purchased 1 million barrels of heavy and Eocene crude from Kuwait Petroleum Corp after stopping ...

It stated "US sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, and the EU's ban on refined imports derived from Russian crude, are unlikely to have a significant effect on ...

Reliance Industries has halted importing Russian crude oil for its export-only refinery from November 20. Exports from the ...

June WTI crude oil (CLM25) today is up +0.19 (+0.30%) and June RBOB gasoline (RBM25) is down -0.00082 (-0.38%). Crude oil prices today recovered from early losses and are moving higher on the decline ...

Several sources confirmed that Yanchang Petroleum, a Chinese refiner, has purchased 3 million barrels from the United Arab Emirates (UAE) and ...