January 21, 2021
Oil
January 15, 2021
The United States announced sanctions on Chinese state-owned enterprise and military officials on Thursday and added Chinese oil giant CNOOC to a blacklist, accusing them...
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January 15, 2021
In the seven days up to 1 January 2021, the US did not record any crude oil imports from Saudi Arabia. It is the first...
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January 13, 2021
Norway’s oil and gas reserves have made it one of the world’s wealthiest countries but its dreams for deep-sea discovery now center on something different....
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January 13, 2021
Hedge fund managers are starting to diverge over the likelihood of further oil price increases as Brent futures surge above $50 per barrel and global...
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January 11, 2021
Saudi Arabia’s voluntary oil production cut is expected to bring the oil market into deficit for most of 2021 even as new lockdowns to contain...
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December 30, 2020
In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American...
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December 17, 2020
The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian...
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December 17, 2020
U.S. crude stocks fell while gasoline and distillate inventories rose, the Energy Information Administration said on Wednesday. (more…)
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December 15, 2020
A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export, documents from state-run PDVSA show, providing evidence of the...
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December 14, 2020
Abundant charterer inquiry in the Americas Aframax market left sources calling freight for the benchmark US Gulf Coast-UK Continent route higher at w47.5-w52.5 early Dec....
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December 11, 2020
US crude oil stocks moved sharply higher in the week ended Dec. 4 as exports tested multiyear lows and imports surged to levels last seen...
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December 2, 2020
Global demand for oil is running about 5 million to 6 million barrels per day (bpd) below pre-coronavirus crisis levels and OPEC with its allies...
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December 1, 2020
China’s third-biggest oil company faces a U.S. blacklist, which could spur major outflows from its Hong Kong-listed unit, after years of involvement in offshore drilling...
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November 30, 2020
Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon...
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