Saudi Arabia Hikes July Crude Oil Exports To Six-Month High
Saudi Arabia’s crude oil exports rose to above 6 million barrels per day (bpd) in July, to the highest volume in six months, as the OPEC+ alliance continued to ease Continue Reading
The Battle For Control Of East Mediterranean Energy
The history of oil and natural gas is marred by instability and conflict. The rise of the Eastern Mediterranean as a prolific energy region has increased existing tensions between certain Continue Reading
Can Iran Overcome U.S. Sanctions And Become A Top Oil Producer?
Two weeks ago, Iran announced it was planning to boost oil output and exports despite ongoing sanctions by the U.S. As we see continually increased output from Iran since the Continue Reading
Libya Oil Exports Return To Normal Following Major Protests
Crude export operations have returned to normal at two major Libyan oil ports after days of protests and sit-ins that had disrupted loadings, the National Oil Corporation (NOC) said on Continue Reading
Nigeria: Dollar Scarcity May Hamper Shell’s Planned Sale of Nigerian Assets
US Dollars The current challenge of dollar-crunch in the country may hinder plans by Royal Dutch Shell to sell off its onshore and shallow water assets, being managed by its Continue Reading
Argentina Attempts To Revive Its Oil Boom
Argentina’s government has unveiled a bill to promote investment in oil and gas in the country with the ultimate goal to boost hydrocarbon production from its key shale play and Continue Reading
Covid-19 Lockdowns in Asia Deepen Commodity Supply-Chain Pain
Covid-19’s Delta variant is proliferating world-wide threatening unvaccinated populations and economic recovery. WSJ breaks down events in key countries to explain why Delta spreads faster than previously detected strains. Composite: Continue Reading
China Back To Stockpiling Crude As Refinery Runs Hit 15-Month Low
China is estimated to have sent around 760,000 barrels per day (bpd) of crude oil to its strategic and commercial reserves in August, as refinery throughput in the world’s top Continue Reading
China’s oil consumption seen peaking around 2026, Sinopec exec says
Trucks carrying liquefied natural gas (LNG) are seen at Sinopec’s LNG terminal in Tianjin, China October 22, 2018. Picture taken October 22, 2018.REUTERS/Stringer SINGAPORE, Sept 17 (Reuters) – China’s oil Continue Reading
Analysis: Investors brace for a great fall in China
International investors that have been piling into China in recent years are now bracing for one of its great falls as the troubles of over-indebted property giant China Evergrande come Continue Reading