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Oil & Gas Trade
China to Boost January Diesel, Jet Fuel Exports, Add to Global Supply
A worker stands next to a shipping container area in Shanghai Yangshan port December 7, 2011.REUTERS/Aly Song/File Photo Acquire Licensing Rights, opens new tab…
Oil & Gas Supply
Russia Plans to Cut Seaborne Oil Exports by 100,000-200,000 Bpd in Jan - Sources
The oil products tanker Nord and a bulk carrier sail near the crude oil terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 202…
Oil Pipeline
Thirty-Five Tonnes of Oil Spill Into Danube in Serbia.
The Romanian Waters National Administration (ANAR) has reported that 35 tonnes of oil has leaked into the Danube from a ship under the Bulgarian flag, told Ager…
Oil & Gas Supply
Western Curbs on Russian Oil Products Redraw Global Shipping Map
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictio…
Oil & Gas Trade
EU Ramps up Non-Russian Diesel Imports Ahead of Embargo
EU imports of non-Russian gasoil and diesel rose sharply last week, helping to build up inventories ahead of the bloc's impending embargo on Russian oil pro…
Oil & Gas Trade
Putin Bans Export of Russian Oil to Countries That Implement Price Cap
Moscow: President Vladimir Putin Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the supply of crude o…
Crude Oil
Norway’s Equinor Not Entering Any New Trades for Russian Oil
Following the beginning of the process to exit its projects in Russia, Norwegian state-owned oil and gas player Equinor has now also decided to stop trading in …
Crude Oil
Countries and Companies Shun Russian Crude over Ukraine Invasion
Russian gas flows to Europe remain stable, but Moscow is starting to face problems in selling its crude oil and oil products as Western sanctions over Russia's …
Oil Price
South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading
South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading a…
Market Analysis
IEA Cuts Forecast for India's 2021 Oil Product Demand
The IEA has lowered its 2021 oil products demand growth estimates for India, with notable cuts to its forecasts for diesel and jet fuel consumption.
Oil & Gas Trade
Sudan Expects to Reach Oil Products Deal with Saudi Aramco
A delegation of Saudi officials and businesses is in Sudan for two days of talks on potential investments in sectors including agriculture, energy, mining and t…
Crude Oil
Libya’s May Oil Revenues up to Record Levels Due to Increased Demand and Prices
The NOC announced yesterday that its net revenues during May 2021 from the sales of crude oil, gas, condensates, oil products and petrochemicals amounted to rec…
Oil & Gas Supply
SOCAR, Rosneft Tie-up on Fuel Supplies to Ukraine, Other Countries
Azerbaijan's state energy company SOCAR and Russia's oil and gas giant Rosneft have signed a deal to supply oil products and liquefied petroleum gas to Ukraine …
Oil & Gas Trade
Yemen Takes First Batch of Saudi Oil Products at Aden
The first shipment of Saudi oil products exported to Yemen as part of a grant agreed with the internationally recognized government there arrived at the Yemeni …
Energy Security
Syria Rations Fuel Supplies Amid Suez Canal Blockage
Syria's oil ministry has begun rationing the distribution of oil products after fuel shipments to the country were disrupted by the ongoing blockage of the Suez…
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