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Top News In Prod Region Today - Breaking & Trending Today

Exclusive: Mexico's Pemex to lose some 100,000 bpd of crude this month after fire -source

Mexico's state oil company Petroleos Mexicanos will see its crude output reduced by some 100,000 barrels per day (bpd) until the beginning of August after a massive fire on Friday at an offshore platform, a top company source said. ....

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Saudi crude floating off Egypt's Ain Sukhna halves to 10.5 mln bbls - Vortexa

There are currently 10.5 million barrels of Saudi crude in floating storage off the Egyptian Red Sea port of Ain Sukhna, down by almost half from mid-June, according to data from oil analytics firm Vortexa. ....

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Nigeria's petrol use down 28% after subsidy scrapped, regulator says

Nigeria's average daily petrol consumption has fallen by 28% since President Bola Tinubu scrapped a popular but costly subsidy on the fuel at the end of May, data from the industry regulator shows. ....

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Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown

OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a slowdown from this year but still an above-average increase, sources close to OPEC said. ....

Saudi Arabia , Ahmad Ghaddar , Amin Nasser , David Evans , Saudi Aramco , Thomson Reuters Trust Principles , International Energy Agency , Thomson Reuters Trust , Repi Exploration Production , Repi Opec , Repi Transport Fuels ,

Oil prices ease as worries over global economic slowdown weigh

Oil prices eased on Wednesday, paring the previous day's gain as fears over a global economic slowdown denting fuel demand outweighed expectations of tighter supply due to output cuts announced by top exporters Saudi Arabia and Russia for August. ....

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