Tag Archives: Asia

China’s and Japan’s Economic Exclusive Zones (EEZ) in the area overlap and about 40.000 square kilometers of ocean territory is in dispute.

A rise in spending would expose the Saudi budget if there was an unexpected drop in oil prices.

UNIPEC. the trading arm of Asia´s biggest refiner Sinopec is one of the largest buyers of U.S. oil.

Ethanol fuel will also be developed in a measured way in part to consume excess grain stock.

The Trump administration will offer 11 million barrels of crude from its reserves.

Almost 16 banks are expected to participate in the lending process. with the lead banks to be selected later Thursday.

Kuwait is the Middle East region’s fifth-biggest oil producer but has limited gas resources.

To prepare for the listing of Saudi Aramco. the government has undertaken a number of major preparatory measures.

The US'.s growing trade dispute with China and spats with other trading partners are likely to dampen demand growth.

In U.S. oil markets. a decline in commercial crude inventories provided WTI with stronger support than Brent.