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Crude supply
Crude Oil
Oil Prices Steady Amid Expectations of Tight Crude Supply
Investors will be closely watching Chinese economic data this week
Crude Oil
Brazil Assures US it will Increase Oil Production
The Brazilian government on Monday (Mar 14) assured the United States it will increase its oil production, a decision that could help ease concerns over global …
Crude Oil
China To Build Airport, Houses Under Oil-For-Projects Deal In Iraq
Chinese firms are set to build an airport and 90,000 houses in Iraq as part of a 2019 agreement for crude supply in exchange for projects, an Iraqi official was…
Oil & Gas Trade
India in Talks with Guyana for Long-Term Crude Supply
India, the world's third-largest crude consumer and importer, has approached Guyana's government about a possible long-term deal to buy the South American count…
Oil & Gas Trade
Biden Win Could Cause A Huge New Oil Glut
A Joe Biden win at next week's U.S. presidential election could have a significant impact not only on the American oil industry but also on global crude supply …
China
Asia Shrugs Off OPEC Supply Rise as Refiners Grapple with Crippled Demand
Middle Eastern sour crude supply is expected to increase this month after OPEC+ members on July 15 agreed to pare back their production cut commitment.
Crude
Asia Seen Adequately Prepared for Deeper OPEC Crude Output Cuts
Asia appears well prepared for OPEC's new crude production cut era as Chinese, South Korean and Japanese refiners' flexible feedstock procurement strategies wou…
Oil & Gas Trade
Saudi Aramco Signs Crude Supply, Storage, Refining Deals with South Korean Companies
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies on Wednesday to reinforce relationships with Asia's fourth biggest energy…