Petrochem Energy USA

04/05/2026

Celebrating renewal, growth, and new beginnings this Easter. From all of us at Petrochem Energy—Happy Easter! 🌷

04/02/2026

03/13/2026

Top oil exporter Saudi Arabia has cut oil production by some 2 million barrels per day to around 8 million bpd after ​reducing output from two major offshore fields amid the Iran ‌war.

Top oil exporter Saudi Arabia has cut oil production by some 2 million barrels per day to around 8 million bpd after ​reducing output from two major offshore fields amid the Iran ‌war, two sources told Reuters.

02/12/2026

Oil prices slipped on Thursday as investors weighed the International Energy Agency's lowering of its global oil demand forecast for 2026 against the potential escalation of U.S.-Iran tensions.

02/10/2026

Oil prices held onto recent gains on Tuesday as traders assess the risks of supply disruptions in the Middle East, after the US advised ships to steer clear of Iranian waters.

Brent hovered above $69 a barrel, extending a two-day advance, as tensions in the Middle East centered on OPEC member Iran supported a risk premium. Brent prices rose more than 2% over the prior two sessions. The US said on Monday that American-flagged vessels should stay as far as possible from Ira...

12/25/2025

Wishing our partners, customers, and community a Merry Christmas and a season filled with peace, gratitude, and continued success.
— Petrochem Energy

10/06/2025

Oil prices rose by about $1 on Monday after OPEC+'s planned production increase for November was more modest than expected, tempering some concerns about supply additions, though a soft outlook for demand is likely to cap near-term gains.

Oil prices rose by about 1% on Monday after OPEC+'s planned production increase for November was more modest than expected, tempering some concerns about supply additions, though a soft outlook for demand is likely to cap near-term gains.

09/12/2025

Oil prices rose nearly 2% on Friday on renewed concern over Russian crude supply, outweighing pressure from oversupply and weaker U.S. demand risks.

09/03/2025

Oil prices fell by about 2% on Wednesday ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October.

08/19/2025

Oil prices settled 1% higher on Monday after talks between U.S. President Donald Trump and his Ukrainian counterpart in the wake of an inconclusive U.S.-Russia summit in Alaska on Friday.