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Oil & Gas Trade
Oil & Gas
How a Saudi-Russian Standoff Sent Oil Markets Into a Frenzy
Moscow refused to accept production cuts to offset the effect of the coronavirus outbreak. Now Saudi Arabia is trying an alternative: inflicting pain.
Oil & Gas
IEA: Oil Demand To Drop For First Time Since 2009
Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said on Monday, as it sl
Oil & Gas
Aramco Shares Fall 9%; Below IPO Price for First Time as OPEC Pact Unravels
Shares of Saudi state oil company Aramco (2222.SE) slumped below their initial public offering (IPO) price on Sunday for the first time since they began trading
Oil & Gas
Saudi Arabia to up Oil Production after Opec Deal Falls Through
World’s largest oil exporter Saudi Arabia is planning to ramp up production to nearly 11m barrels a day in April after the three year alliance between oil cart
Oil & Gas
Kazakhstan in Talks with PetroChina after Force Majeure on Gas Supplies
Kazakh natural gas exporter Kaztransgas is discussing further gas supplies with PetroChina after it issued a force majeure notice citing the coronavirus outbrea
Oil & Gas
CNOOC Has Fully Resumed, Recovering From the Effect of Coronavirus
On March 6, the reporter learned from China National Offshore Oil Corporation that, with full coordination efforts, up to now, CNOOC's projects under constructi
Oil & Gas
OPEC+ Stuck Yet Again as Saudi Arabia and Russia Disagree on Output Cuts
The OPEC+ found itself stuck yet again, after a day of talks that ended with its two most important members split over whether they should deepen production cut
Oil & Gas
Saudis Lobby for Million-Plus-Barrel OPEC Cuts, Extending Oil’s Gains
Oil rose for a third day after Saudi Arabia pushed for a deeper output cut than OPEC’s technical committee recommended a day earlier.
Oil & Gas
Oil Looks Into Abyss as Coronavirus Threatens Demand Contraction
Flights canceled in Europe, schools closed in Japan, towns quarantined in Italy and panic in California. The coronavirus crisis has gone global, and with it, it
Oil & Gas
China's Fuel Demand To Normalize Earlier Than Projected
China's thirst for fuel has substantially gone down after the coronavirus outbreak forced government officials to lock down cities and restrict non-essential tr
Oil & Gas
China-Myanmar Gas Pipeline Imports of Natural Gas made a Breakthrough Last Year
The reporter recently learned from Kunming Customs that the natural gas imports of China-Myanmar oil and gas pipelines will exceed 5 billion cubic meters in 201
Oil & Gas
Oil may Hit $40 if Russia doesn’t Support Opec’s Production Cuts
In a volatile trading last week, crude oil prices touched one-month high and then fell back as coronavirus fears were back in the markets, with infection and de
Oil & Gas
IEA: Coronavirus May Hit Oil Demand Growth More Than Expected
The coronavirus outbreak could hit global oil demand growth more than currently expected, the head of the International Energy Agency (IEA) said on Tuesday, add
Oil & Gas
Iran to take Part in OPEC Meeting in March
Oil Minister Bijan Namdar Zanganeh said that Islamic Republic of Iran will participate in upcoming meeting of the Organization of Petroleum Exporting Countries
Oil & Gas
US hits Russian Firm in Bid to Squeeze Venezuela
The United States imposed sanctions on a subsidiary of Russian state oil major Rosneft and its president on Tuesday for allegedly helping the Venezuelan gover
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Most views from Oil & Gas Trade
1
Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
2
Venezuela Mulls Proposal to Extend PDVSA-Chevron Oil Joint Venture Through 2047
3
Venezuela's 2023 Oil Exports Rose, Aided by Us Sanctions Easing
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Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines
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Exclusive: Russia Increases Gasoline Imports From Belarus as Domestic Supplies Shrink
6
Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal