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Crude oil
Crude Oil
China's Zpc Resells Some Abu Dhabi Term Crude in Q1 2024
China's Zhejiang Petroleum and Chemical Corp (ZPC) has sold some of its term crude supplies from Abu Dhabi National Oil Company (ADNOC) in the first quarter…
Oil & Gas Trade
Energy Transfer Inks Non-binding Deal to Supply Crude to France's Totalenergies
A view shows a logo of TotalEnergies at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2…
Crude Oil
CNOOC Begins Production at First Phase of Bozhong 19-6 Gas Condensate Field
Men walk past a sign of China National Offshore Oil Corp (CNOOC) outside its headquarters in Beijing, China March 8, 2021. REUTERS/Tingshu Wang/File Photo Acqui…
Oil & Gas Trade
Qatarenergy-Sinopec's Long-Term LNG Contract Likely Priced Around 12.7% Slope to Oil
The LNG sales and purchase agreement signed between QatarEnergy and China Petrochemical Corp., or Sinopec, was likely priced around 12.7% slope to crude oil, wi…
Oil & Gas Trade
Russian Oil Shaves India's Import Costs by About $2.7 Billion
India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data, …
Crude Oil
Nigeria's State Oil Firm Launches New 'Nembe' Grade of Crude
The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde/File Photo Ac…
Oil & Gas Trade
US Seeks to Buy Up to 3 Mln Barrels for Oil Reserve for Jan Delivery
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil Price
Oil Rises Nearly 3% After Fed, Boe Keep Rates Unchanged
A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/Flee/File …
Crude Oil
China Announces Total Amount of Non-state Crude Oil Imports Permitted for 2024
Non-state companies in China will be permitted to import a total of 243 million tonnes of crude oil in 2024, the same amount as is permitted this year, the Mini…
Crude Oil
China to Cap Crude Oil Processing Capacity at 1 Bln Tons by 2025
China will cap its crude oil primary processing capacity at 1 billion metric tons by 2025 in an effort to streamline its vast refinery sector, the country's…
Crude Oil
China’s Crude Oil Production up 1.9 Pct in First Three Quarters
China's output of crude oil went up 1.9 percent year on year in the first three quarters of 2023, official data showed.The country produced 156.72 million t…
Crude Oil
PRL Signs Long-Term Deal With Russia for Crude Oil Supply
Caretaker PM Kakar and caretaker Energy Minister Mohammad Ali are witnessing the signing ceremony of the MOU between United Energy Group of China and Pakistan R…
Oil & Gas Supply
Oil up About 2% On Big US Crude Storage Draw, Middle East Tension
Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in…
Oil Price
Oil Prices Ease as Investors Assess Impact of Israel-Hamas War
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo Acquire…
Oil & Gas Trade
Pakistan Eyes Importing 1M Tonnes of Russian Oil per Year
This handout photograph taken on June 11, 2023 and released by the Karachi Port Trust (KPT) shows a Russian cargo ship carrying crude oil at the port in Karachi…
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