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Russia Plans To Boost Crude Oil Exports
Russia expects to increase its crude oil exports by around 400,000 bpd-500,000 bpd to more than 5.6 million bpd within five years, Energy Minister Alexander Nov…
Oil & Gas Trade
Iran Works to Reroute Oil Exports Away from Strait of Hormuz
The oil terminal project would allow Iranian tankers to bypass the Strait of Hormuz and load their oil cargoes at the Jask port terminal, east of the strait.
Oil & Gas Trade
Canada's Heavy Oil Exports To Asia From US Surge
Shipments of Canadian crude from the U.S. Gulf Coast since May have more than doubled all of 2018's exports as Asian refiners scramble for heavy sour oil, accor…
Oil & Gas Trade
Curbs on Iran and Inflating US Oil Exports
The most hawkish of Trump’s aide and staunch advocate of pre-emptive strikes on Iran, former national security adviser John Bolton, was ousted from the White H…
Oil & Gas Trade
US Sanctions Have Taken 95% of Iranian Crude Oil Exports Off The World Market
In an appearance at The Economic Club of Washington, DC, Pompeo said sanctions, which were fully imposed in May, have had seemingly no impact on global crude oi…
Oil & Gas Trade
China’s Customs Authorities Show Iranian Oil Imports Declined Further in June
The latest figures issued by China’s customs authorities show Iranian oil imports declined further in June reaching a low of 208,205 barrels per day, down 60 p…
Oil & Gas Trade
Iran Says Tanker Incidents Have Not Impacted Its Oil Exports
Britain has called Iran's capture of the Stena Impero in the Gulf on Friday a "hostile act" and rejected Tehran's explanation that it seized the vessel because …
Oil & Gas Trade
Ignoring The U.S. Sanctions, Iran Still Provides Oil Futures Contracts to Foreign Partners
Iran is going to offer up to three-year oil future contracts for certain international buyers in an effort to offset the impacts of U.S. sanctions on its oil ex…
Oil & Gas Trade
US Weighing Extension of Iran Oil Waiver after China's Defiance
The US State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran, violating the Trump administration’s earli…
Oil & Gas Trade
India Stops Buying Iran Oil
Iran was the third largest supplier of crude to India, behind only Iraq and Saudi Arabia, but after the sanctions waiver granted to India in November expired la…
Russian Oil Extraction Hits Three Year Low
The contamination of Urals oil with chlorides and the subsequent suspension of the Druzhba pipeline, which accounts for 20% of Russia’s oil exports, has forced…

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