Tag Archives: International

U.S. shale production is expected to slow over the next year.

The cut in Arab Light prices for September was the second consecutive monthly reduction of the OSP to Asia.

The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.

The company had last month halted all its shipments through the route following an attack on two of its very large crude carriers.

UNIPEC and Sinopec are Asia’s largest refiner and biggest buyer of U.S. oil.

Pakistan is increasing LNG intake amid increasing demand for gas and decline in production.

Saudi Arabia halted temporarily oil shipments through the lane on July 26 after attacks on two big oil tankers.

LNG from the United States for Europe is at least 30-40% more expensive than the pipeline gas from Russia.

LNG spot prices for September deliveries in Asia have reached US$10.00 per million Btu.

The trade fight with China hangs over potential long-term progress for U.S. LNG exports.