Saturday, September 27, 2025
Canadian Heavy Oil Prices are Falling Faster than Global Crude Benchmarks - Oil & Gas 360

The U.S. Imports More Oil from Canada than All OPEC Countries Combined

80% of the imported Canadian oil is heavy oil According to EIA data, in 2017, the United States imported approximately 7.969 MMBOPD of all grades of crude oil from about 80 countries. The EIA calculates that 3.117 MMBOPD came from OPEC countries and 3.446 MMBOPD came from Canada in 2017. According to a new report out today from IHS Markit, U.S.

OPEC, non-OPEC General Cooperation Agreement will be Signed in Three Months: UAE

From Reuters ABU DHABI (Reuters) – A general cooperation agreement between OPEC and non-OPEC countries will be signed in three months’ time in Saudi Arabia, the UAE’s energy minister said on Monday. “By (the) end of March the document will be ready for signature,” Suhail al-Mazrouei said at an event in Abu Dhabi of the cooperation agreement, which will be