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Oil & Gas Trade
Oil & Gas
Indian Refineries Slash Middle East Oil Imports As Storage Fills Up
Two oil refiners will be cutting their crude oil imports from Saudi Arabia by between 66 percent and 80 percent for May, as India – population 1.3 billion peop
Oil & Gas
Shell Delays Decisions on Deepwater Projects Amid Oil Price Rout
Shell has delayed a decision on whether to proceed with two large oil and gas development projects in the gulf of Mexico and the north sea.
Oil & Gas
Australia Says First in Line to Buy Crude to Store in US Strategic Reserve
Australia is at the head of the queue to buy oil and store it in the US Strategic Petroleum Reserve.
Oil & Gas
UK Becomes World's Cheapest Natural Gas Market
Britain has become the cheapest natural gas market in the world.
Oil & Gas
Will Look into Halting Oil Import from Saudi Arabia, Says Trump
US President Donald trump said on Monday that the us would consider stopping oil imports from Saudi Arabia.
Oil & Gas
U.S. Natgas Trading at Parity with Oil after Crude Price Collapse
The rapid collapse of U.S. oil futures this year caused crude’s premium over natural gas to drop to near parity on.
Oil & Gas
African Oil Producers to Readjust Fuel Production in Line with OPEC Advisory
APPO members have committed to cutting daily oil production to 10 million barrels a day, with effect from May 1 2020.
Oil & Gas
Saudis to Sell 600,000 bbl of Oil a Day to the U.S. in April
Saudi Arabia is set to sell about 600.000 barrels a day of crude to the U.S. in April, the highest volume in a year, according to a Saudi industry official fami
Oil & Gas
Saudi Aramco to Supply Full May Crude Volumes to Asian Refiners
Saudi Arabia, the world's largest oil exporter, has notified some refiners in Asia that it will supply full contractual volumes of crude in May.
Energy Economy
Is Saudi Arabia Restarting The Oil War?
Saudi Arabia’s oil giant Aramco has just announced the pricing for its oil for May, with deeper discounts for customers in Asia for the second month in a row,
Oil & Gas
Crude Cuts: Nigeria to Earn $10.61bn in Eight Months
Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by members and non-members of the Organisation
Oil & Gas
Here Is The "Secret Weapon" That Allowed Tiny Oil Producer Mexico To Defy Giant Saudi Arabia
Mexico's annual spending on its hedge with Wall Street banks is shown in the chart below.
Oil & Gas
Trump Confirms U.S. Will Help Mexico Out With Production Cuts
U.S. President Donald Trump on Friday confirmed that the United States would “help Mexico along” in achieving the production requests that OPEC+ has asked it
Oil & Gas
Iran doesn't Agree with Holding OPEC+ Meet Without Clear Outcome
Iran’s Oil Minister, Bijan Zanganeh, said his country does not agree with holding any OPEC+ meeting in the absence of a clear proposal and expected outcome fro
Oil & Gas
Gas Prices Drop in West Virginia as Demand Hits Nearly 30-Year Low
AAA reports that the average price of gasoline across northern West Virginia is 5 cents cheaper this week at $1.851 per gallon.
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Most views from Oil & Gas Trade
1
ONEOK to Acquire Medallion and Controlling Stake in Enlink Midstream From Gip for $5.9bn
2
S. Korea, Saudi Arabia sign agreement on crude oil, gas cooperation
3
Eni Wraps up $783M Sale of Nigerian Subsidiary NAOC to Oando
4
El Niño Pushes Real US Gas Prices to Multi-Decade Low
5
Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
6
Petrobangla Signs MOU with Indian H-Energy to Import R-LNG
