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    • OPEC & Heavy Crude

OPEC & Heavy Crude Newsletter
  • Trump promised to lower gas prices. His tariffs could have the opposite effect. 31 Jan 2025 16:42 GMT

    … , Wisconsin, and Indiana rely on heavy crude from Canadian oil sands and … because it depends on what OPEC+ does. The oil cartel has … prices. Trump has called on OPEC+ to slash prices, and ministers …

  • Iran maintains position as 3rd largest oil producer in OPEC 19 Jan 2025 12:39 GMT

    … barrels, respectively. OPEC+ members, which include both OPEC nations and … million bpd. Iran’s heavy crude oil price averaged USD73 … heavy crude oil was USD79.71 per barrel. In comparison, the OPEC … month. Looking ahead, OPEC’s January report predicts …

  • Iran retains position as OPEC’s third-largest oil producer: report 17 Jan 2025 09:50 GMT

    … million barrels. Data from OPEC’s Secretariat revealed that … . Production from OPEC+ members, which includes OPEC countries and allied … million bpd. Iran’s heavy crude oil price averaged $73 … heavy crude stood at $79.71 per barrel. Meanwhile, the OPEC …

  • The Energy Report: Stop the Flow 30 Jan 2025 18:39 GMT

    … refiners that need Canada’s heavy crude. It also is going to … and buy more oil from OPEC and Canada. Yep, this threat …

  • OPEC: oil production in Iran surges by 37,000 bpd in November 15 Dec 2024 12:43 GMT

    … the latest report from the Organization of the petroleum Exporting Countries (OPEC). This growth occurred amidst … price of Iran's heavy crude fell by USD1.25, or … heavy crude for 2024 is forecasted to be USD80.30 per barrel. OPEC …

  • The Energy Report: The OPEC Zone 06 Dec 2024 21:24 GMT

    … on forever. Welcome, to the OPEC zone. Despite expectations of the … we’ve seen from previous OPEC meetings, the market is skeptical … be implemented from April, the OPEC secretariat said in a statement … be a strong demand for heavy crude here in the US from …

  • Canadian Production Growth to Benefit Midstream 28 Jan 2025 13:05 GMT

    … Argentina? These are the non-OPEC+ countries driving an increase in … 890 MBpd. Trans Mountain transports heavy crude, refined products, synthetic crude, and … per day (MMBpd) of non-OPEC+ supply growth for 2025. For …

  • Iraq’s oil exports decline for second consecutive month amid OPEC production cuts 21 Nov 2024 09:17 GMT

    … October, pressured by the Organization of the Petroleum Exporting Countries (OPEC) production cuts aimed at … but still above its OPEC+ quota of 3.905 … .7 million barrels of heavy crude and 34.03 million … .27 million barrels of heavy crude and 11.95 million …

  • Iran’s Heavy Crude Oil Output Rises to 3.212 Million bpd in April: OPEC 15 May 2024 05:43 GMT

    OPEC said that the price of Iran’s heavy crude oil in April 2024 … each barrel of Iran’s heavy crude oil in April 2024 reached … average price of Iran’s heavy crude oil has reached $83.21 … current year. Oil production by OPEC member states, which is comprised …

  • US Gulf Coast heavy crude oil prices firm as supplies tighten 09 Apr 2024 10:52 GMT

    … to process. Pushing up heavy crude prices are falling oil … cuts by the Organization of the Petroleum Exporting Countries and allies (OPEC+). Heavy Louisiana … of its flagship Maya heavy crude by 122,000 barrels … crude in recent months. OPEC+ has agreed to extend …

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