Market participants said demand was strong in the PG region due to the annual Islamic pilgrimage to Mecca.
Read More »US-China Trade War doesn`t Change the Bull Case for Oil
The price for LNG shipment into key Asian markets is hovering around $10 per million British thermal units.
Read More »SOCAR will Open 2nd Petrochemical Facility in 2023
The refinery is SOCAR Turkey'.s biggest investment in the country coming at a cost of $6.3 billion.
Read More »SOCAR will Begin LNG Shipment to Pakistan in Coming Months
Pakistan is increasing LNG intake amid increasing demand for gas and decline in production.
Read More »US Sanctions Will Not Affect Russia-Iran Railway Cooperation
The contract for the production of 6.000 railcars says that the Russian side should provide the financial aspect of the project.
Read More »Iran Extends Shipping. Insurance Cover to Keep Oil Flowing to India
Iran has started providing ships as well as insurance cover to continue exporting crude oil to India.
Read More »Saudi Arabia is Temporarily Halting all Oil Shipments through Bab-El-Mandeb Strait
One of the VLCCs sustained minimal damage.
Read More »U.S..China Trade War Casts a Long Shadow over LNG Shipping Boom
Donald Trump said he’s ‘ready to go’ with $500 billion in tariffs on Chinese imports.
Read More »US Oil could Help Set the Brent Crude Price
U.S. crude exports have surged since the nation lifted all restrictions on overseas shipments in late 2015.
Read More »U.S. Sour Crude Sellers Cut Prices after China Tariff. OPEC Output Increase
South Korea’s second largest refiner GS Caltex has bought 4 million barrels of Mars crude in recent months. the sources said.
Read More »