The Union Government is taking steps to strengthen the strategic petroleum reserves. Through a Special Purpose Vehicle called ...

crude oil imports averaged 6.2 million bpd. Strategic Petroleum Reserve remained unchanged at 395.3 million barrels. It looks that the U.S. has decided to stop buying oil for strategic reserves.

Mexico’s Pemex booked a 44% decline in crude oil exports last ... has the stated intention of boosting its oil and gas production—by expanding its reserves through more active exploration ...

All the latest breaking news on Crude Oil. Browse ibtimes archives of photos, videos and articles on Crude Oil.

That’s around 8% higher than a year ago. Crude palm oil output fell about 6.2% to 1.82 million tonnes, the survey showed, the first monthly drop since June. Production was still bigger than ...