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Page 15 - Oil Trade

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

Oil prices ease as demand worries counter supply cuts

The Organization of the Petroleum Exporting Countries (OPEC) agreed on Monday to extend oil supply cuts until March 2020

Oil prices ease as demand worries counter supply cuts
Updated On : 02 Jul 2019 | 9:26 AM IST

Russia, Saudi agree to extend OPEC production cut deal: Vladimir Putin

The OPEC cartel and its oil-producer nation allies opted in December to trim daily crude output by 1.2 million barrels

Russia, Saudi agree to extend OPEC production cut deal: Vladimir Putin
Updated On : 01 Jul 2019 | 8:00 AM IST

The 24-million barrel question: Where is all that missing US oil?

US showed a crude supply adjustment factor -- the difference between reported stockpiles and those implied by production, refinery demand, imports and exports -- of more than 800,000 barrels a day

The 24-million barrel question: Where is all that missing US oil?
Updated On : 07 Jun 2019 | 12:07 PM IST

Oil prices hit 2019 peak amid supply cuts, US sanctions on Iran, Venezuela

OPEC's crude oil output has slumped from a mid-2018 peak of 32.8 million barrels per day (bpd) to 30.7 million bpd in February

Oil prices hit 2019 peak amid supply cuts, US sanctions on Iran, Venezuela
Updated On : 21 Mar 2019 | 12:18 PM IST

Oil refiners' next boom is revealed in what they're not doing

The rush to refine during what's normally a fallow period for the industry is a response to the introduction in January in 2020 of rules to cut sulfur emissions from the shipping industry

Oil refiners' next boom is revealed in what they're not doing
Updated On : 18 Mar 2019 | 1:13 PM IST