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Page 4 - Oil Export

Oil rises on expectations for no immediate boost to Saudi production

LONDON (Reuters) -Oil prices rose on Friday after a U.S. official told Reuters an immediate Saudi oil output boost is not expected, while indications that the U.S. central bank could raise interest rates less aggressively than anticipated also supported crude.

Oil rises on expectations for no immediate boost to Saudi production
Updated On : 15 Jul 2022 | 8:39 PM IST

Ukraine war-led spike in prices buoy Q4 performance of ONGC, Oil India

Reversal in price trends, policy measures such as windfall tax by the government and fall in refining margins are among key downside risks

Ukraine war-led spike in prices buoy Q4 performance of ONGC, Oil India
Updated On : 31 May 2022 | 1:21 AM IST

Saudi's crude oil production exceeds 10 million bpd in Dec; exports dip

Exports fell slightly to 6.937 million bpd from 6.949 million bpd in November, according to monthly figures provided by Saudi Arabia and other oil-exporting countries to JODI

Saudi's crude oil production exceeds 10 million bpd in Dec; exports dip
Updated On : 20 Feb 2022 | 9:00 PM IST

World's top oil exporter Saudi Arabia targets net zero emissions by 2060

Saudi Arabia's crown prince said the world's top oil exporter aims to reach "net zero" emissions of greenhouse gases

World's top oil exporter Saudi Arabia targets net zero emissions by 2060
Updated On : 24 Oct 2021 | 10:38 AM IST

India starts selling oil from strategic reserves after policy shift: Report

India, the world's third-biggest oil importer and consumer that imports over 80% of its oil needs, is mirroring a model adopted by some other countries.

India starts selling oil from strategic reserves after policy shift: Report
Updated On : 18 Aug 2021 | 9:22 AM IST

Oil on the boil

Domestic production of oil and gas has been lagging

Oil on the boil
Updated On : 08 Jul 2021 | 12:18 AM IST

Iran stores more oil on tankers as it counts days to enter markets

Iran could quickly export millions of barrels of oil it is holding in storage if it reaches a deal with the United States on its nuclear programme

Iran stores more oil on tankers as it counts days to enter markets
Updated On : 21 Jun 2021 | 12:45 PM IST

Oil prices steady near week high as prospect of Iran supply glut wanes

Brent crude futures were down 6 cents at $68.40 a barrel by 0039 GMT, having jumped 3% on Monday. US West Texas Intermediate futures fell 8 cents to $65.97 a barrel

Oil prices steady near week high as prospect of Iran supply glut wanes
Updated On : 25 May 2021 | 8:09 AM IST

Saudi Arabia plans to increase oil output amid recovery in prices

World's largest oil exporter plans to reverse recent unilateral production cut, signalling confidence in recovery

Saudi Arabia plans to increase oil output amid recovery in prices
Updated On : 19 Feb 2021 | 1:49 AM IST

Venezuela resumes direct oil shipments to China despite US sanctions

The imposition of the sanctions was part of a push by the Trump administration to oust Venezuelan President Nicolas Maduro

Venezuela resumes direct oil shipments to China despite US sanctions
Updated On : 23 Dec 2020 | 8:21 AM IST

Saudi Arabia's June oil exports down 55% yoy, a drop of $8.7 billion

The value of Saudi Arabia's June oil exports was down 55% year on year, a drop of $8.7 billion, official data showed on Wednesday.

Saudi Arabia's June oil exports down 55% yoy, a drop of $8.7 billion
Updated On : 26 Aug 2020 | 2:42 PM IST

Saudi Arabia's Sep crude oil exports fall 3% after Aramco refinery attacks

September crude output fell by 660,000 bpd to 9.129 million bpd, figures from the Joint Organizations Data Initiative (JODI) showed.

Saudi Arabia's Sep crude oil exports fall 3% after Aramco refinery attacks
Updated On : 18 Nov 2019 | 10:04 PM IST

Tale of two oil buyers: Saudi crude exports to China soar, US loses out

With China grabbing more Saudi crude, flows to India, Japan and South Korea also appear to have declined last month

Tale of two oil buyers: Saudi crude exports to China soar, US loses out
Updated On : 03 Aug 2019 | 3:39 PM IST

Despite tanker attacks, Saudis push to renew Opec's oil-export curbs

The kingdom is preparing to amass support for a continuation of OPEC's official reduction target of a 1.2 million barrels a day in the second half of the year

Despite tanker attacks, Saudis push to renew Opec's oil-export curbs
Updated On : 19 Jun 2019 | 12:54 AM IST

Saudi Arabia planning to slash oil exports to the US in coming weeks

By shifting the focus of Saudi export reductions toward the US, Riyadh hopes to show to the market it's making good on its promise to cut supplies

Saudi Arabia planning to slash oil exports to the US  in coming weeks
Updated On : 14 Dec 2018 | 1:17 PM IST