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OilPrice·6d ago·1 min read

Soaring Imports Push India’s Crude Stocks to Near 1-Year High

India's aggressive crude procurement strategy has pushed its national oil inventories to a near one-year high, driven by record-breaking import volumes in June. This stock build-up reflects New Delhi'

Citi: Oil Could Sink to $60 as Hormuz Traffic Normalizes

Citigroup's bearish forecast of Brent crude dropping to $60 per barrel highlights a potential paradigm shift in global oil markets, driven by the anticipated ea

OilPrice·6d ago

India Denies Directly Exporting Fuel to Russia, But Admits Traders May Be

India's official denial of direct fuel exports to Russia highlights the complex, circular nature of global oil flows under the current sanctions regime. While N

OilPrice·6d ago

Woodside Assumes Operatorship of Aussie Gas Assets from ExxonMobil

Woodside Energy has officially assumed operatorship of the Gippsland Basin Joint Venture and the Kipper Unit Joint Venture in Australia from ExxonMobil, marking

Rigzone·6d ago·ExxonMobil

Texas LNG project’s momentum builds as Kiewit gets go-ahead for early work

The Texas LNG Brownsville project has advanced its development timeline by issuing a conditional Limited Notice to Proceed (LNTP) to Kiewit Energy Group for cri

Offshore Energy