January 17, 2019
European refiners are increasing low sulfur fuel oil production in preparation for the January 2020 implementation of a 0.5% global marine fuel sulfur cap, sources...
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Oil
January 11, 2019
Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new...
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January 9, 2019
OPEC crude oil production in December tumbled 630,000 b/d month on month, an S&P Global Platts survey of industry officials, analysts and shipping data showed...
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December 20, 2018
VLCC and Suezmax freight rates have hit record highs in the fourth quarter of 2018, largely due to US sanctions on Iran being reimposed in...
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December 17, 2018
China bought huge amounts of Middle East and West African crude as oil prices were collapsing in November. (more…)
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December 12, 2018
America’s shale boom could be about to spare the world’s oil tanker owners from a typical OPEC ravaging. (more…)
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December 7, 2018
America turned into a net oil exporter last week, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if...
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December 6, 2018
Chinese oil trader Unipec plans to resume U.S. crude shipments to China by March after the Xi-Trump deal at the G20 meeting reduced the risk...
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December 5, 2018
Drivers of gasoline-powered cars could be about to face an unexpected source of competition when filling up at the pump: merchant ships. (more…)
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December 4, 2018
Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group’s de facto leader...
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December 4, 2018
China imported its first U.S. crude oil cargo in around two months last week, according to industry sources and Refinitiv Eikon data – a deal...
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December 3, 2018
There’s a rising star in the oil world, and it’s heavy and sweet. (more…)
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November 29, 2018
Global oil markets are nervously eyeing OPEC’s upcoming meeting for clarity on future supply as the dust settles after a full-fledged rout in crude markets...
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November 29, 2018
In spite of the US sanctions on Iran, some Iranian crude exports are coming into the international market through non-Iranian companies that are offering their...
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November 26, 2018
Saudi Aramco is targeting to supply 1.67 million b/d of crude oil to China in 2019 — a volume that will help OPEC’s leading producer...
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