Tag Archives: United States of America

Iraq cut the price of its banner crude for U.S. customers sharply, a bold deviation from what Saudi Arabia chose to do with its own barrels just a few days ago. The nation’s Basrah Light barrels will be sold at a discount of $1.15 per barrel to a regional benchmark …

U.S. imports of crude oil from Iraq averaged 106,000 barrels per day (bpd) last week, the Energy Information Administration (EIA) said on Sunday, amid a drop in its appetite during the same period. In its weekly report on U.S. oil imports, EIA Said that the U.S. imports averaged million 4.985 …

The US Energy Information Administration (EIA) said that Iraqi crude oil exports to the US exceeded four million barrels last August. According to a report released by the EIA, Iraq exported to the US, during the first week of August, 120 thousand barrels per day, an average of 150 thousand …

The Organization of Petroleum Exporting Countries plus a group led by Russia, OPEC+1 ignored requests from United States president Joe Biden and agreed on Wednesday to continue raising oil output in measured steps as originally agreed. Last July OPEC+1 agreed to gradually increase oil output following the collapse of prices …

Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the region’s offshore wells, nearly half its motor fuel production and closing energy-export ports. The storm moved into Mississippi on Monday after leaving a trail of destruction in Louisiana and rampaging through U.S. offshore oil and gas fields. …

Oil and natural gas explorers in the U.S. Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashed ashore. Based on the latest forecast by the National Hurricane Center, Ida made landfall near New Orleans Sunday afternoon. About 1.74 million barrels a day, or 95.7% of crude …

The US Energy Information Administration (EIA) said on Sunday that Iraqi crude oil exports to the US declined to 77,000 barrels per day (bpd) during the past week. According to a report released by the EIA, “The United States imported crude oil from Iraq at a rate of 77,000 bpd, …

The Biden administration said on Tuesday it would take steps to restart the federal oil and gas leasing program in the next week and plans to hold a Gulf of Mexico auction as soon as October, court papers showed. The move comes two months after the U.S Interior Department first …

US energy firms this week added oil and natural gas rigs for a third week in a row, as a recovery in oil prices prompted some drillers to return to the wellpad over the past year. The oil and gas rig count, an early indicator of future output, rose three …

The United States will see its total natural gas exports exceed imports by a significantly larger margin this year compared to 2020, thanks to surging liquefied natural gas (LNG) exports and continued growth in pipeline exports to Mexico, the Energy Information Administration (EIA) said on Monday. This year, U.S. natural …