Preliminary data released by Japan’s Ministry of Finance show that the country’s crude oil imports from Iran dropped 42% month-on-month to 169,100 barrels per day in April.
News ID: 4740 Publish Date : 2019/06/03
An Iranian deputy economy minister highlighted the country’s numerous capacities to attract foreign investments and said more than 1200 foreign firms have invested in the Islamic Republic.
News ID: 4717 Publish Date : 2019/06/01
France’s Total has halted some of the units at its 230,000-barrel-per-day Leuna refinery in Germany to conduct technical checks after contaminated Russian crude oil was found to have flown via an oil pipeline from Russia to European customers.
News ID: 4586 Publish Date : 2019/05/20
The oil market has all but forgotten last year’s price crash.Money managers have not been this optimistic about US oil prices since early October, just before the crude market began a steep decline on fears of a global oversupply, Bloomberg reported.
News ID: 4221 Publish Date : 2019/04/07
The UK’s crude oil loadings remained below 800,000 barrels per day for the third month in a row in February, while authorities expect Britain’s crude production to decline through at least 2024, Fotios Katsoulas, Liquid Bulk Principal Analyst, Maritime and Trade at IHS Markit, said.
News ID: 4072 Publish Date : 2019/03/19
Asia’s crude oil imports from Iran dipped in January to the lowest in two months after top buyers China and India slowed down purchases and as Japan recorded zero imports for a third month, government and trade data showed.
News ID: 3805 Publish Date : 2019/03/02
Oil inched lower on Tuesday to extend losses of more than 3 % from the previous session, easing after US President Donald Trump called on OPEC to rein in its efforts to boost prices.
News ID: 3766 Publish Date : 2019/02/27
US crude oil production hit a record 12 million bpd in the week ending February 22, rising by 100,000 bpd from 11.9 million bpd in the previous week, the weekly US Energy Information Administration petroleum data showed as American production is growing faster than forecasts suggested a few months ago.
News ID: 3722 Publish Date : 2019/02/24
Qatar's ultra-light crude oil grades bore the full brunt of the recent return of Iranian condensate supply, with spot differentials for deodorized field condensate hitting multi-year lows, but uncertainty over the renewal of Iranian sanctions waivers could prop up the Qatari grade in the near term.
News ID: 3680 Publish Date : 2019/02/20
Brent crude oil briefly reached 2019 highs above $65 per barrel on Friday, as OPEC-led supply cuts and the announcement of a higher-than-expected cut by Saudi Arabia this week encouraged investors.
News ID: 3638 Publish Date : 2019/02/16
South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
News ID: 3637 Publish Date : 2019/02/16
Oil prices edged higher for the first time in three sessions on Wednesday, although concerns over the outlook for the global economy capped gains.
News ID: 3585 Publish Date : 2019/02/07
Refiners in India are examining their feedstock options after the US announced yesterday that it will impose sweeping sanctions on Venezuela´s state-owned oil company PdV.
News ID: 3486 Publish Date : 2019/01/29
Iran has discovered a new oilfield near the southwestern city of Abadan, Oil Minister Bijan Namdar Zanganeh said Wednesday.
News ID: 3376 Publish Date : 2019/01/23
Crude oil production from members of OPEC is expected to fall to below 30.73 million barrel per day by the end of this year, the group's lowest monthly output since February 2015, the US Energy Information Administration said Tuesday.
News ID: 3309 Publish Date : 2019/01/17
Oil prices rose by more than 1% on Monday, lifted by optimism that talks could soon resolve the trade war between the United States and China, while supply cuts by major producers also supported the market.
News ID: 3196 Publish Date : 2019/01/08
OPEC crude cargoes leaving for the United States in December dropped to the lowest level in at least five years, data from Refinitiv Eikon and market intelligence firm Kpler show.
News ID: 3171 Publish Date : 2019/01/06
Turkey's crude oil import profile is set for major changes this year following the re-imposition of US sanctions against its main crude supplier, Iran, coupled with the commissioning of Socar's new 214,000 bpd STAR refinery.
News ID: 3170 Publish Date : 2019/01/06
Economy Minister Farhad Dejpasand asserted that Iran’s economic cooperation with other countries is growing, reassuring that US plots against the country’s economy will not get realized.
News ID: 3168 Publish Date : 2019/01/05
India will deposit payments for crude oil imported from Iran into escrow accounts of five of its banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to overcome US sanctions.
News ID: 3003 Publish Date : 2018/12/20