China vows to protect its firms amid fresh US oil sanctions barrage
(Oil Price)– China vowed on Friday to protect the rights and interests of Chinese companies after the U.S. unleashed on Thursday a new sanctions package on Chinese entities for importing crude oil from Iran.
China vows to protect its firms amid fresh US oil sanctions barrage
(Oil Price)– China vowed on Friday to protect the rights and interests of Chinese companies after the U.S. unleashed on Thursday a new sanctions package on Chinese entities for importing crude oil from Iran. The U.S. Treasury on Thursday blacklisted around 100
Global LNG supply surge will drive lasting demand growth, says ADNOC Gas CEO
(World Oil)– A looming surge in liquefied natural gas supply through the
China and Iran seal oil-for-infrastructure deal to bypass U.S. sanctions
(Oil Price)– China has formalized a barter-style framework with Iran in which
Latest US sanctions on Iranian oil deal blow to China’s Sinopec
(BOE Report)– The latest U.S. sanctions on Iranian petroleum exports deal a
Global LNG supply surge will drive lasting demand growth, says ADNOC Gas CEO
(World Oil)– A looming surge in liquefied natural gas supply through the end of the decade is poised to create demand that won’t go away, said an ADNOC Gas executive. Prices of the super-chilled fuel are widely expected to drop
China and Iran seal oil-for-infrastructure deal to bypass U.S. sanctions
(Oil Price)– China has formalized a barter-style framework with Iran in which crude oil is exchanged for infrastructure projects (from rail lines and ports to industrial works) rather than cash. The volumes involved are substantial: Beijing already imports an estimated
Latest US sanctions on Iranian oil deal blow to China’s Sinopec
(BOE Report)– The latest U.S. sanctions on Iranian petroleum exports deal a blow to Chinese refining giant Sinopec by targeting a terminal through which the state major handles one-fifth of its crude oil imports, industry executives and analysts said. The
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Weekly Inventories
U.S. crude oil inventories increase by 3.7 million barrels
Weekly Crude Oil Storage as of October 3, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.7 million barrels from the previous week. At 420.3 million barrels, U.S. crude oil inventories are 4%
Weekly Gas Storage: Inventories increase by 80 Bcf
Natural Gas Inventories as of October 3, 2025 The EIA has released its natural gas inventory report, showing a net increase of 80 Bcf as of October 3, 2025. Working gas in storage was 3,641 Bcf as of Friday, October
U.S. rig count decreased by 2 is at 547
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2 last week, resulting in a total count of 547 rigs. Canada had an increase of 3 over last week, resulting in a total Canadian count of 193
