Russia's Oil Product Exports Rise
Russia's oil product shipments climbed to a three-month high in September.
Russia's oil product shipments climbed to a three-month high in September.
Oil prices edged higher as Middle East tanker attacks and Hurricane Isaias heightened supply concerns.
Australia is set to unveil the final version of a controversial plan to force liquefied natural gas producers to reserve as much as a fifth of their output for local buyers.
'Selling a relatively mature asset into a strong commodity price environment improves our go-forward capital efficiency and allows us to accelerate share buybacks, strengthen our balance sheet and increase long-term value for shareholders'.
With a projected capital of $3.5 billion, the agreed program for the onshore Cabimas and Delta blocks forecasts production of up to 150,000-160,000 bpd for over 10 years.
Commercial crude oil stocks, not including the SPR, came in at 424.134 million barrels on October 2, the EIA revealed.
Ukraine said it attacked Lukoil PJSC's Ukhta oil-processing plant, the fourth Russian refinery it's hit so far this week.
IEA member governments 'expressed support for accelerating the oil stock releases announced in the Collective Action of March 2026', IEA Executive Director Fatih Birol said.
'These will be profitable barrels that can help maintain activity and production on the Gullfaks field'.
That represents 32.61 percent of the 371 manned platforms in the Gulf of America, the Marine Minerals Administration highlighted.