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Crude oil and condensate production totalled 41.8 million barrels in 3Q24

The Star LogoThe Star1d ago

Crude oil and condensate production totalled 41.8 million barrels in 3Q24 - The Star

Quick Summary:

KUALA LUMPUR: The production of crude oil and condensate totalled 41.8 million barrels in the third quarter of 2024 (3Q 2024), declining by 8.9 per cent compared to the previous year, the Department of Statistics Malaysia (DOSM) reported.

"Export of refined petroleum products also declined to RM27.9 billion, from RM29.6 billion in the previous quarter.

DOSM also noted that the weighted average lifting price (WALP) for crude oil and condensate in Malaysia dropped to US$82.0 per barrel in the 3Q 2024 compared to US$86.9 per barrel in the previous quarter.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 13:37:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 580 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24080913

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 31 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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The story "Crude oil and condensate production totalled 41.8 million barrels in 3Q24" was covered 1 days ago by The Star, a news publisher based in Malaysia.

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  • URL: https://beamstart.com/news/crude-oil-and-condensate-production-17332049104039

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