Oil

Latest news from the commodity market. Updates on commodity trading, prices and futures news.

Oil

oil_barrels

September 18, 2019

Oil pared an earlier decline on contradicting reports about when Saudi Arabia will restore production lost in unprecedented attacks. (more…)
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crude oil export korea

September 18, 2019

U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably to Asia and Europe was...
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Supertanker

September 17, 2019

U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably to Asia and Europe was...
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iran-oil

September 16, 2019

Iran dismissed accusations by the United States that it was behind attacks on Saudi oil plants that risk disrupting global energy supplies and warned on...
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A Flint Hills Resources oil refinery stands in Corpus Christi, Texas, U.S., on Thursday, Jan. 7, 2016. Crude oil slid Thursday to the lowest level since December 2003 as turbulence in China, the world’s biggest energy consumer, prompted concerns about the strength of demand. Photographer: Eddie Seal/Bloomberg

September 12, 2019

Multiple oil refineries in Europe will be too unprofitable to continue trading once the industry has dealt with sweeping new rules governing shipping fuel that...
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OPEC-OPEK

September 11, 2019

Middle East crude exports to Asia are expected to grow to 20 million barrels per day by 2040, because of increasing refinery capacity in the...
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usa_sanctions

September 5, 2019

The United States on Wednesday sanctioned an “oil for terror” network of firms, ships and individuals allegedly directed by Iran’s Islamic Revolutionary Guard Corps that...
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iran-oil

September 3, 2019

While U.S. sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from the Islamic Republic...
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oil_bar

September 2, 2019

The U.S. cracked down on illicit North Korean oil imports, sanctioning a handful of Taiwan- and Hong Kong-based companies for helping Pyongyang evade international restrictions...
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oil tankers

August 29, 2019

A handful of oil tankers carrying US crude to China are racing to beat the September 1 deadline when Beijing’s 5% tariff on US crude...
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US_crude

August 28, 2019

The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million...
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tanker_oil

August 27, 2019

Six ships carrying about 12 million barrels of U.S. crude are headed to China just as Beijing prepares to impose its first ever levy on...
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port-of-corpus-cristi

August 26, 2019

China’s threat on Friday to slap a 5% tariff on U.S. oil imports could further soften demand for physical crude at hubs along the U.S....
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china-economy_oil

August 26, 2019

China’s crude oil imports from Venezuela plunged 62% in July from the previous month, Chinese customs data showed on Sunday, as growing tension between Washington...
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tanker_oil

August 14, 2019

The world’s biggest oil tanker has begun a 12,400-mile voyage to a fuel-storage zone in Asia, the latest movement of a vessel that’s intrigued the...
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