Trade

LNG
Italian and Chinese Majors Vie for Pakistan's Mega LNG Tender
Italian oil major Eni, China’s overseas energy unit PetroChina and two trading houses are vying to supply liquefied natural gas (LNG) to Pakistan in a tender…
Oil & Gas Trade
Chinese Oil Refiners Want Changes to Tax Laws on the Consumption and Sale of Fuel Oil
Chinese oil refiners want changes to tax laws on the consumption and sale of fuel oil in order to start producing low-sulphur marine fuel when new global clean …
Oil & Gas Trade
Gas is Not a Profitable Business and It is a Byproduct Now
Bakken producer Northern Oil and Gas chief financial officer Nick O'Grady described natural gas as "a byproduct" Wednesday, as exploration and production compan…
Oil & Gas Trade
China Exported 1,536 Tons of Refined Oil to North Korea in May
The May figure brought China's cumulative supply of refined oil products to the North to 5,730 tons this year, the report posted on the website of the sanctions…
Oil & Gas Trade
IEA Said “It Does Not Change the Fundamental Outlook of an Oversupplied Market”
The extension of the OPEC+ cuts through the first quarter of 2020 removes a major uncertainty, but the IEA said it “does not change the fundamental outlook of …
Oil & Gas Trade
The UK Drop into the Broader Tensions between The U.S. and Iran
The UK move against the tanker, whether directly instigated by the United States or not, immediately drew the UK into the broader tensions between the U.S. and …
Pentagon Assessed American Rare Earths Capability Amid the Country's Trade Conflict with China
The Pentagon is rapidly assessing the United States’ rare earths capability in a race to secure stable supply of the specialized material amid the country’s t…
Coal Trade
China's Caofeidian Port Restrictions are Targeting Both Thermal and Metallurgical Coals
Caofeidian port in northern China has halted custom declarations for all coal imports effective July 16, which is being interpreted by the market as a signal of…
Oil & Gas Trade
Kuwait Joint Cooperation Protocol Signed to Protect Key OPEC Exporter’s Ports
Joint cooperation protocol signed to protect key OPEC exporter’s ports to ‘ensure full readiness for any potential emergency’.
Oil & Gas Trade
The Oil Market will Weigh Fresh Cues on Chinese Demand
Sour crude benchmark Dubai futures' discount to ICE Brent widened slightly in mid-morning trade in Asia Monday, while the market will weigh fresh cues on Chines…
Crude
Crude Oil Futures were Lower During Mid-Morning Trade in Asia
Crude oil futures were lower during mid-morning trade in Asia Monday as markets began to recover from Tropical Storm Barry, while a bearish outlook on oil funda…
Oil & Gas Trade
China's Sinopec Sets Up Fuel Oil Unit in Sri Lanka
China Petroleum and Chemical Corp, known as Sinopec Corp, said on Monday it has set up a fuel oil company in Sri Lanka as it looks to supply fuel to ships along…
Oil & Gas Trade
Iranian Tanker will be Released if Oil isn't Bound for Syria, UK Foreign Secretary Says
An Iranian oil tanker held by British forces near Gibraltar will be released if the United Kingdom is assured the oil will not be heading to Syria, London's top…
Crude
Tropical Storm Barry Reduces Gulf Crude oil Output By 59 Percent
Crude oil output in the U.S.-regulated areas of the Gulf of Mexico has been cut by almost 59 percent, or 1.1 million barrels per day, because of Tropical Storm …
Oil & Gas Trade
Iran: The Release of the Tanker is in all Countries' Interest
"This is a dangerous game and has consequences ... the legal pretexts for the capture are not valid ... the release of the tanker is in all countries' interest,…

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Trade

​Italian and Chinese Majors Vie for Pakistan's Mega LNG Tender

Chinese Oil Refiners Want Changes to Tax Laws on the Consumption and Sale of Fuel Oil

Gas is Not a Profitable Business and It is a Byproduct Now

China Exported 1,536 Tons of Refined Oil to North Korea in May

IEA Said “It Does Not Change the Fundamental Outlook of an Oversupplied Market”

The UK Drop into the Broader Tensions between The U.S. and Iran

Pentagon Assessed American Rare Earths Capability Amid the Country's Trade Conflict with China

China's Caofeidian Port Restrictions are Targeting Both Thermal and Metallurgical Coals

Kuwait Joint Cooperation Protocol Signed to Protect Key OPEC Exporter’s Ports

The Oil Market will Weigh Fresh Cues on Chinese Demand

Crude Oil Futures were Lower During Mid-Morning Trade in Asia

China's Sinopec Sets Up Fuel Oil Unit in Sri Lanka

Iranian Tanker will be Released if Oil isn't Bound for Syria, UK Foreign Secretary Says

​Tropical Storm Barry Reduces Gulf Crude oil Output By 59 Percent

Iran: The Release of the Tanker is in all Countries' Interest

Italian and Chinese Majors Vie for Pakistan's Mega LNG Tender

Tropical Storm Barry Reduces Gulf Crude oil Output By 59 Percent