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A service for energy industry professionals · Thursday, July 3, 2025 · 828,113,401 Articles · 3+ Million Readers
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  • Published on July 3, 2025 - 10:54 GMT

    US crude supplies rise amid mixed petroleum data

    (MENAFN) U.S. crude oil refinery inputs averaged 17.1 million barrels per day (b/d) during the week ending June 27, increasing by 118,000 b/d compared to the previous week, according to a recent energy report. Refineries operated at 94.9 percent of …

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  • Published on July 3, 2025 - 09:38 GMT

    Oil Prices Fall After Israel, Iran Ceasefire

    (MENAFN) Oil prices plunged more than 12 percent last week, ending a three-week surge. Market experts anticipate they will level off close to the USD60 mark soon, provided a delicate ceasefire between Israel and Iran holds steady. Brent crude rose to USD77 …

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