Tag Archives: Asia

It was the world'.s first collision and explosion involving a vessel carrying condensate. an ultra-light crude oil.

Overall. India imported 4.51 million bpd in April. 2.5 percent higher than a year ago.

The level of compliance with the output limit in April made 172%.

China. the world'.s top crude oil buyer. imported around 655.000 barrels a day on average from Iran in the first quarter of this year.

The experiment will see if wind power can be harnessed to cut the region'.s diesel fuel consumption.

Trump and his trade team have cracked down on China heavily since March.

The rise in crude oil imports in April came despite a sharp increase in the country'.s crude stockpiles.

Tehran and Ashgabat could take major steps in order to enhance their relations which would benefit both of them.

Plans are well advanced to expand the complex’s refining capacity by more than 65%. or 600.000 bpd by 2025.

Global oil prices are currently under the influence of geopolitics.