Tag Archives: Asia

U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015.

Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.

Oil producer has alternative channels to transport crude to its customers in Europe.

China’s economic growth eased in the second quarter of this year to 6.7 percent.

The study is based on date only up to October 2014.

China’s crude oil production dropped by 2.3 percent on the year in June.

Iran has started providing ships as well as insurance cover to continue exporting crude oil to India.

All oil shipments passing through Bab Al-Mandab Strait have been suspended temporarily until navigation through the area is secure

Saudi Arabia pausing oil shipments through the Red Sea caused oil futures remain high.

Most exports from the Gulf that transit the Suez Canal and the SUMED Pipeline also pass through Bab al-Mandeb strait.