In Q4. China is not expected to build inventories. because oil demand is expected to remain strong. according to the IEA.
Read More »Iran May Have to Reduce Oil Export to S. Korea
Kim Hyun-mi is in Tehran to attend UNESCO'.s one-day Strategic Partnership Meeting.
Read More »Iran’s Light Crude Oil Prices Ease
Oil prices were buoyed in recent weeks by shutdowns in US refineries as well as Turkey'.s threat to cut off oil flow from Iraq'.s Kurdistan region.
Read More »Oil Prices to Be Unaffected by Trump Remarks on Tehran Policy
The oil market will not react to the statement of US President Donald Trump about Washington'.s new policy toward Tehran.
Read More »Are the Days of Low Oil Prices Receding?
Oil prices recently have become more sensitive to supply threats. such as the situation in Kirkuk.
Read More »Iraq`s Kurdistan Shuts 350.000 bpd of Oil Output Due to Security
Iraq earlier warned Kurdish officials against shutting down Kirkuk oil flows.
Read More »Asia Oil Buyers Turn to U.S. in Hunt for Cheap Supply
China remains the largest buyer with four tankers. followed by three to South Korea and two to India. The remaining two could head to Singapore. the data shows.
Read More »South Korea`s September Iranian Crude Oil Imports Rise to Six-Month High
The world’s fifth-biggest crude importer shipped in 1.83 million tonnes of crude oil from Iran in September.
Read More »Iran Jask Oil Terminal’s Pipeline Tender to Be Held
The terminal could ease the load of tanker traffic at Kharg Oil Terminal off the Persian Gulf coast that is responsible for more than 90% of Iranian oil exports.
Read More »Norway Remains Among World’s Top 10 Places to Find Oil
Earlier this week Norway’s Statoil reported yet another dry well in the Barents Sea. some 100 km northwest of the Johan Castberg discovery.
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