Last week, the US Strategic Petroleum Reserve (SPR) crude oil inventory decreased by approximately 6.1 million barrels to 298.7 million barrels, the lowest level since 1983.

智通财经2026/08/10 15:37

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The United States' Strategic Petroleum Reserve (SPR) crude oil inventory decreased by approximately 6.1 million barrels last week, reaching 298.7 million barrels, the lowest level since 1983.

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BP reportedly plans to sell its 20% stake in the Cocuina gas field in Venezuela to the National Gas Company (NGC) of Trinidad and Tobago. Seventy percent of the gas produced from this field will be used for liquefied natural gas production, while the remainder will be supplied to the petrochemical industry. The final investment decision for this project is expected to be made by the end of 2026.

智通财经•2026/08/10 17:06

Sources: BP plans to sell its 20% stake in the Cocuina gas field in Venezuela to Trinidad’s National Gas Company. 70% of the gas will be used for LNG production, while the rest will be supplied to the petrochemical industry. The final investment decision may be made by the end of the year.

智通财经•2026/08/10 17:06