2022-10-04 - Oil and natural gas production and inventories remain low and any unexpected increase in demand could devour spare capacity, Saudi Aramco CEO Amin Nasser told a crowd in London.
2022-08-11 - Valero Energy Corp., Motiva Enterprises, Phillips 66 and Chevron Corp. have all purchased oil from the U.S. Strategic Petroleum Reserve, with deliveries beginning in mid-September.
2022-09-28 - Approximately 11% of U.S. Gulf of Mexico production has been shut-in due to Hurricane Ian.
2022-09-21 - As of Sept. 21, Valero Energy and Marathon Petroleum have been the biggest recipients of supply from the U.S. Strategic Petroleum Reserve, along with Exxon Mobil, Motiva Enterprises, Shell and Phillips 66.
2022-10-03 - "It may be as significant as the April 2020 meeting,” the source said, referring to when OPEC+ agreed record supply cuts of around 10 million bbl/d, or 10% of global supply, as the COVID-19 pandemic hit demand.