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A service for energy industry professionals · Monday, April 28, 2025 · 807,440,969 Articles · 3+ Million Readers
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Light Crude News Monitoring

  • Published on 17:25 GMT

    India boosts buying of Russia's ESPO oil in April as Chinese demand eases

    MOSCOW, - India increased purchases of ESPO Blend oil from Russia in April to the highest level since August 2024 amid weaker demand from Chinese companies, according to LSEG and traders' data. India boosts buying of Russia's ESPO oil in April as …

    Source: Hindustan Times - Indeterminate
  • Published on 17:32 GMT

    Opinion | Line 5 Tunnel: A win for Michigan’s energy, economy and environment

    For more than 70 years, Line 5 has played a critical role in Michigan’s energy supply, daily transporting 540,000 barrels of light crude oil and natural gas liquids from Wisconsin to refineries in Michigan, Ohio, and the Canadian provinces of Ontario and …

    Source: Bridge Michigan - Center-left
  • Published on 10:31 GMT

    Namcor and partners make high-quality oil discovery

    The National Petroleum Corporation of Namibia (Namcor) and its joint venture partners have made a significant discovery off the southern coast of Namibia by detecting a high-quality light-oil-bearing reservoir.  The joint venture partners will now turn …

    Source: New Era - Pro-Government
  • Published on Apr 24, 2025

    Upstream prospects increase with light crude oil discovery in the Orange Basin

    Niël Terblanché The National Petroleum Corporation of Namibia (NAMCOR), in collaboration with its joint venture partners, has confirmed the discovery of light crude oil at the Capricornus 1-X exploration well, located offshore in Block 2914 within the …

    Source: Windhoek Observer - Neutral
  • Published on Apr 25, 2025

    Azeri Light crude inches up at Augusta and Ceyhan ports

    Azeri Light crude inches up at Augusta and Ceyhan ports 25 April 2025 10:22 (UTC+04:00) The price of Azerbaijan’s flagship crude oil, Azeri Light, increased at major international ports, Azernews reports. Access to paid information is limited Find the plan …

    Source: AzerNews - Gov't Propaganda
  • Published on Apr 26, 2025

    Phillips 66 (NYSE:PSX) Q1 2025 Earnings Call Transcript

    Phillips 66 (NYSE:PSX) Q1 2025 Earnings Call Transcript April 25, 2025 Phillips 66 misses on earnings expectations. Reported EPS is $-0.9 EPS, expectations were $-0.723. Operator: Welcome to the First Quarter 2025 Phillips 66 Earnings Conference Call. My …

    Source: Insider Monkey - Neutral
  • Published on Apr 26, 2025

    Azerbaijani oil price jumps in global markets

    Photo: Azerbaijan's Ministry of Energy The price of Azeri Light crude oil rose by $0.54, or 0.79%, bringing it to $68.55 per barrel, News.Az reports, citing local media. The lowest recorded price for Azeri Light was $15.81 per barrel on April 21, 2020, …

    Source: News.Az - Pro-Government
  • Published on Apr 25, 2025

    Canada’s oil industry thrives despite Trump’s trade war

    Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest -- delivered directly to your inbox. Canadian oil and gas companies have maintained some resilience even amid recent global turmoil as their southern neighbour …

    Source: The Financial Times - Neutral
  • Published on Apr 25, 2025

    Tariff Turmoil, and OPEC+ Anxiety Keep Pressure on Prices

    As of Thursday’s close, crude oil futures were down $1.16 or 1.81% on the week, with prices struggling to hold any meaningful rebound in the face of renewed geopolitical tension, potential supply growth, and macroeconomic headwinds. Though the market …

    Source: Oil Price - Neutral
  • Published on Apr 25, 2025

    NAMCOR announces discovery of high-quality oil at Capricornus 1-X well

    Staff Reporter THE National Petroleum Corporation of Namibia (NAMCOR) has announced the discovery of hydrocarbons at the Capricornus 1-X well in Petroleum Exploration Licence 85 (PEL 85), offshore Namibia, with comprehensive wireline and drill stem testing …

    Source: Informante - Pending
  • Published on Apr 24, 2025

    Alberta: We have a revenue problem

    There is chatter on the national campaign trail of Canada building new pipelines to transport Alberta crude oil and natural gas to destinations across the country, including BC’s coast, Hudson Bay and Atlantic refineries. Even though the last thing the …

    Source: Canada's National Observer - Left-wing
  • Published on Apr 25, 2025

    Azerbaijani Oil Price Shows Elevation

    (MENAFN- Trend News Agency) BAKU, Azerbaijan, April 25.​ The price of Azerbaijan's Azeri Light crude oil on a CIF basis in the Italian port of Augusta on April 24 increased by $0.38 (0.56 percent) compared to the previous rate, now sitting at $68.01 …

    Source: MENAFN - Indeterminate
  • Published on Apr 24, 2025

    Azerbaijani oil price falls below $68

    Baku, April 24, AZERTAC The price of Azeri Light crude oil dropped by $2.36 (3.37%), settling at $67.63 per barrel. The lowest recorded price for Azeri Light was $15.81 per barrel on April 21, 2020, while its highest reached $149.66 per barrel in July 2008 …

    Source: Azertag - Gov't Propaganda
  • Published on Apr 24, 2025

    Azeri Light oil price declines

    The price of Azerbaijan’s Azeri Light crude oil, sold on a CIF (Cost, Insurance, and Freight) basis at Italy’s Augusta port, has dropped by $2.36 or 3.37%, settling at $67.63 per barrel, Azernews reports. Find the plan that suits you best. 1 month …

    Source: AzerNews - Gov't Propaganda
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