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The U.S. exported more than 4.5 million barrels a day of crude oil last week, the highest weekly export on record, according to the U.S. Energy Information Administration's Weekly Petroleum Report. Last week's exports of 4.55 million b/d topped the previous all-time high of 4.46 million b/d in the w
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In the first half of this year, Shengli Oilfield produced 11.6097 million tons of crude oil and 366 million cubic meters of natural gas, with proven reserves up 12% year-on-year, both exceeding the planned tasks. Exploration and development have been accelerated in the middle and deep eastern and we
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Saudi Aramco raised crude prices for August to Buyers in Asia and Europe, while Opec + struggles to boost production.For Asian buyers, Aramco raised the price of its benchmark Arab light crude by $2.80 a barrel to a premium of $9.30 a barrel to Oman/Dubai prices.The premium for buyers in northwest E
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China's crude oil imports from Russia surged 55 percent in May from a year earlier to a record level, allowing Russia to replace Saudi Arabia as China's largest crude supplier. With Sanctions imposed on Russia over the conflict with Ukraine, Chinese refiners have taken advantage of discounts on Russ