Gas trade

Crude Oil

Saudi Arabia Tops China’s Jan-Feb Crude Imports

Saudi Arabia remained the top crude supplier to China in the first two months of this year, Chinese customs data show.

Oil & Gas Trade

India to Cut Saudi Arabian Oil Imports After OPEC Ignores India Demand

Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said.

Oil & Gas Trade

Hyundai Oilbank to Export Gasoline to the U.S. for First Tim

Hyundai Oilbank announced on March 15 that it will export gasoline products to the United States in the second quarter of the year.

Crude Oil

China Ramps Up Oil Imports From Iran

China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S.

Oil & Gas Trade

Israel's Leviathan to Sell 10bn m³ of Gas in 2021

Israeli upstream firm Delek Drilling expects its 649bn m³ Leviathan field to sell around 10bn m³ of gas this year, up from the 8.9bn m³ forecast in July last…

OPEC

India Asks Refiners to Diversify, Cut Reliance on Middle East Oil After Opec+ Decision

India, hit hard by the soaring oil prices, has urged producers to ease output cuts and help the global economic recovery

Oil & Gas Trade

Saudi Oil Exports Holding Strong Despite Production Cut Commitment

Saudi Arabia’s crude oil exports fell just slightly in February, in stark contrast to the bold voluntary production cuts that the Kingdom had offered to make.

LNG

Australia’s January LPG Exports Rise by 45pc on Year

Australia's January LPG exports of more than 244,000t rose by 44.7pc from a year earlier but were around 14pc below December shipments, with the year-on-year ri…

Oil & Gas Trade

India Calls On OPEC+ To Ease Cuts And Stop Pushing Oil Higher

India is calling again on the OPEC+ coalition to boost production from April, because the world’s third-largest oil importer is not particularly happy with thi…

Crude Oil

OPEC+ Decision To Raise Output Could Keep U.S. Gasoline Under $3

Rallying oil prices in recent weeks have intensified speculation that this week the OPEC+ group will decide to put more oil on the market as of April to prevent…

Oil & Gas Trade

Pakistan Hopes to Save $3 Billion in New Gas Deal with Qatar

Khan's government has said it was trying its best to overcome an energy shortfall through different measures

Oil & Gas Trade

Turkey's Imports of Natural Gas from Iran Fell by 31% in 2020

Turkey imported 5.32 billion cubic meters of natural gas from Iran in 2020, a year-on-year decrease of 31%.

Oil & Gas Trade

S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data

South Korea's February crude oil imports fell 14.7% to 73.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energ…

LNG

Global LNG Demand Expected to Almost Double by 2040

Global liquefied natural gas demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell said in its annual LNG market outlook.

LNG

Thailand’s January LNG Imports Fall to Three-Year Low

Thailand's LNG imports hit a three-year low in January, with no receipts from its usual suppliers Australia and Malaysia, even as one of its biggest importers Q…