The cut in Arab Light prices for September was the second consecutive monthly reduction of the OSP to Asia.
Read More »US to Impose Devastating Set of Sanctions on Russia
The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.
Read More »Saudi Arabia would Resume Oil Exports through Red Sea Lane
Saudi Arabia halted temporarily oil shipments through the lane on July 26 after attacks on two big oil tankers.
Read More »Asian LNG Prices Climb Again
LNG spot prices for September deliveries in Asia have reached US$10.00 per million Btu.
Read More »China`s Tariffs on US Goods Threatens Trump`s Energy Export Agenda
The trade fight with China hangs over potential long-term progress for U.S. LNG exports.
Read More »India Plans to Establish LNG Import Terminal in Myanmar
India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.
Read More »OPEC Production Rise as Saudi Arabia Pumps more Oil
The Saudi policy appears to be helping cool prices in the way sought by President Trump.
Read More »China Refuse U.S. Ask to Cut Iran Oil Imports
The oil market has been speculating about how much of Iran’s exports could be eroded by the U.S. sanctions.
Read More »Russian Oil Production Up 150.000 bpd in July
Russia has used stocks held in tanks at its oilfields to boost production.
Read More »Saudi`s July Oil Output at Around 10.290 mln bpd
Saudi Arabia pumped 10.488 million bpd of crude oil in June. an increase of 458.000 bpd from the production figure it submitted for May.
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