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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…
Crude Oil
UNSC: Russia Resumed Refined Oil Exports to N. Korea in December
Photo : YONHAP NewsRussia officially resumed oil product exports to North Korea in December of last year after a hiatus of over two years.According to the UN Se…
Oil & Gas Trade
Pakistan Exports Record 90,000 Tons of Fuel Oil in May
KARACHI: Pakistan shipped 90,000 tons of fuel oil in May 2023 to reduce a huge stock built up over the last several months amid low demand in the country, indus…
Crude Oil
Saudi Crude Exports Falling in May After April Jump
Saudi Arabia's crude oil exports have been falling in May, according to figures from two companies that monitor the shipments, as a voluntary production cut…
Oil Price
Oil Stable on Mixed Drivers, Market Eyes Iraq Exports
Oil was nearly steady as a surprise drop in US crude stockpiles offset a smaller-than-expected cut to Russian supplies, while investors closely watched developm…
Oil & Gas Trade
Iraq Halts Kurdish Region Oil Exports Through Turkey After Winning Arbitration
A delegation from the Oil Ministry will travel to Turkey soon to meet energy officials to agree on new mechanismTurkey has said it will not export crude from Ir…
Oil & Gas Trade
Russian Exports: Shipments Fall on Black Sea Storms, Druzhba
kidsnord/ShutterstockRussia’s crude oil exports declined by nearly 9% in February due mainly to port stoppages in Novorossiysk and lower flows to Europe.C…
Oil Price
Moscow Restrains Response to G7 Price Cap
A long-awaited decree signed by President Vladimir Putin this week prohibiting Russian oil exports to countries working under the G7 price cap was perceived as …
Crude Oil
Price Cap on Russian Oil Comes Into Effect
The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming to curb Russia’s revenues…
Crude Oil
Saudi Energy Minister Stresses the Importance of Oil Security
The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.
Crude Oil
Ukraine Crisis: Why India Is Buying More Russian Oil
Russia is seeking new markets for its oil exports as Western sanctions tighten - and India has been taking advantage of discounted prices to ramp up imports fro…
Crude Oil
U.S. Oil Exports Surge, Drawing Crude away From Storage Hub
U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub …
Oil & Gas Trade
Iran Says US Has Failed to Stop Oil Exports
Iran said on Last Saturday that US attempts to seize its tankers and oil cargo had failed to stop exports that are subject to sanctions imposed by its arch foe.
Oil & Gas Supply
Iraq's Oil Supply Compatible with Global Demand
Iraq said on Wednesday that its crude oil exports are in line with the consumption in the world oil market, ruling out the need to increase oil production.
Oil & Gas Supply
OPEC Chief Warns of Global Oil Shortage Due to Sanctions on Russia
The head of the Organization of Petroleum Exporting Countries (OPEC) warned Tuesday that the world cannot replace Russia's share of oil exports, calling for en…
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