Despite the U.S. sanctions on Iranian oil exports, some Chinese refiners are buying so much Iranian crude that the ports in the Shandong province, where most independent refiners are based, Continue Reading
China is gorging on sanctioned Iranian oil — with imports forecast to more than double this month from February — as other countries hold off purchases for fear of incurring Continue Reading
Three weeks ago, in a show of both good faith and diplomatic pressure, the United States offered to rejoin nuclear talks with Iran . The double-edged overture fell flat: Iran Continue Reading
Whether the Iranian leadership thinks that new U.S. President Joe Biden is set to go easier on the Islamic Republic or on China is unclear as yet but whichever it Continue Reading
Saudi Arabia’s crude oil exports fell just slightly in February, in stark contrast to the bold voluntary production cuts that the Kingdom had offered to make, according to PetroLogistics and Continue Reading
Iraq’s February oil production, including flows from the semi-autonomous Kurdistan region, rose 1.6% month on month, the State Oil Marketing Organization said March 10, breaching the country’s OPEC+ quota. Not Continue Reading
Crude exports from Saudi Arabia’s oil terminals at Ras Tanura were proceeding normally on March 8, according to commodity data company Kpler, a day after a drone attack targeted the Continue Reading
The United States on Monday expressed alarm at “genuine security threats” to Saudi Arabia from Yemen’s Iran-aligned Houthis and elsewhere in the region after attacks on the heart of the Continue Reading
Iran has quietly moved record amounts of crude oil to top client China in recent months, while India’s state refiners have added Iranian oil to their annual import plans on Continue Reading
Saudi Arabia said some of the world’s most protected oil infrastructure came under missile and drone attack in an escalation of regional hostilities that sent crude prices surging. The attacks on Continue Reading
