Storage
India's ONGC plans to build 13-MMbbl national strategic oil reserve
India is enhancing its energy cooperation with countries, including the United Arab Emirates and Japan, to strengthen its emergency stockpile.
Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch
Tajikistan's energy minister said that the country has around 60 days of fuel reserves and is in talks with nearby countries about future supplies, amid acute fuel shortages in major trade partner Russia.
EIA: U.S. crude inventories rise, gasoline and distillate inventories fall
Crude inventories rose by 3 million barrels to 411.4 million barrels in the week ending July 3, compared with analysts' expectations in a poll for a 2.4 million-barrel draw.
South Korea expands energy partnership with UAE's ADNOC
Both parties will seek to boost long-term crude supply to Korean refiners, improve joint coordination during emergency supply situations such as seeking alternative export routes, and advance cooperation on international joint crude stockpiling in South Korea.
Ukraine attacks on Russian energy sites: What has been hit?
The drone attacks are worsening fuel shortages in Russia, where people have reported rising prices and long queues at the filling stations across most regions.
Ukraine strikes Russian oil refineries, oil terminal in Vysotsk
Kyiv has intensified its attack on Russian energy infrastructure.
World absorbs historic Iran war oil supply loss, but depleted stocks bring risks
Tehran's throttling of the Strait of Hormuz in response to the U.S. and Israeli attacks launched on February 28 fed fears of a catastrophic global energy crunch.
EIA: U.S. crude inventories decline for tenth week to over 40-yr low
The total stocks, including those from the strategic petroleum reserve, have fallen by 96.25 million barrels since the start of the Iran war, as countries around the globe have called on U.S. oil and products to fill supply gaps.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
