Highlights Saudis cannot commit to specific output pledge Falih says Saudis monitoring market Coordination on Iran may increase Venezuela, Libya risk Washingtron — The expected oil supply impact of a Continue Reading
Saudi Arabia, the world’s top oil exporter and OPEC’s largest producer, has influenced the oil market and oil flows since the middle of the 20th century. Shortly after the 21st century began, Continue Reading
Qatar Petroleum said Monday it has issued an invitation to tender for the construction of more than 100 LNG vessels to help meet its expected output increase to 110 million Continue Reading
India hopes the U.S. will allow its allies to continue to buy some Iranian oil instead of halting the purchases altogether from May, a source familiar with U.S.-India talks said Continue Reading
China imported 556,000 b/d from Iran in Q1 Receive daily email alerts, subscriber notes & personalize your experience. Register Now Analysts expect mixed compliance by Beijing Japan, South Korea seen Continue Reading
Highlights Seoul fully supports Monday’s White House decision, US foreign policies South Korean refiners capable of diversifying crude supply sources US, Qatar, Norway among many alternative condensate supply sources Seoul Continue Reading
Chinese state-run refiners are awaiting further instructions from the government regarding imports of Iranian crude, but officials and executives indicated a strong likelihood of pushback from the central government against Continue Reading
The US is not considering a release from government oil stocks to dull the price and supply impacts of Monday’s announcement it would not renew sanctions waivers for Iran’s top Continue Reading
Tokyo is still trying to prevent being caught in the geopolitical cross-fire between Washington and Tehran. On Friday, Japan’s Minister of Economy, Trade, and Industry (METI) Hiroshige Seko said that Continue Reading
The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, Continue Reading
