November 7, 2018
Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions, some of the Islamic Republic’s top customers are preparing to buy....
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Oil
November 6, 2018
The United States snapped sanctions back in place on Monday to choke off Iran’s oil and shipping industry, while temporarily allowing top customers such as...
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November 5, 2018
New U.S. sanctions on Iran’s oil industry were supposed to exert maximum pressure on Iran’s economy. (more…)
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November 2, 2018
OPEC’s crude production climbed to the highest level since 2016 as increases by Saudi Arabia and Libya offset losses stemming from impending U.S. sanctions on...
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November 1, 2018
The lack of price clarity for fuels that comply with new global shipping rules to reduce sulfur emissions are complicating preparations before the regulations take...
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October 30, 2018
According to Saudi Energy Minister Khalid al-Falih, no one has any idea how much oil Iran will be able to export after new U.S. sanctions...
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October 30, 2018
Despite efforts by the Trump administration to turn it, a supertanker is bearing down on drivers, oil majors, and even Amazon.com Inc. (more…)
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October 23, 2018
Refining firm Phillips 66 was awarded a tender to supply Mexico’s Pemex with at least four 350,000-barrel cargoes of U.S. Bakken crude for November delivery,...
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October 19, 2018
An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month and in early November before U.S. sanctions...
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October 11, 2018
Maersk Oil Trading has leased oil storage space in Singapore, signaling a push by one of the world’s biggest ship fuel buyers into the Asian...
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October 10, 2018
A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage tank at the port of Dalian in northeast China...
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October 9, 2018
In August, no US seaborne exports of crude oil to China were recorded. A massive change to the export pattern seen since early 2017. (more…)
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October 9, 2018
Iran’s crude exports fell further in the first week of October, according to tanker data and an industry source, taking a major hit from U.S....
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October 4, 2018
U.S. crude oil shipments to China have “totally stopped”, the President of China Merchants Energy Shipping Co (CMES) said on Wednesday, as the trade war...
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October 4, 2018
Executives at the world’s biggest oil and gas companies are under growing pressure to loosen the purse strings to replenish reserves, halt output declines and...
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