In 2017. Japan met 5.3 percent of its oil demand with imports from Middle Eastern nations.
Read More »EIA Lowers U.S. Crude Production Outlook for 2019
EIA expects 2018 output at 10.7 million barrels per day. fractionally down from 10.79 million barrels projected last month.
Read More »Saudi Arabian Crude Imports to Canada Easy to Replace
Eastern Canadian refineries import about 75.000 to 80.000 barrels per day of Saudi Arabian crude.
Read More »U.S. Will not Stop Iran Oil Exports
U.S. officials have said in recent weeks that they aim to pressure countries to stop buying oil from Iran.
Read More »U.S. LNG Exports to China Decline as Buyers Look Elsewhere amid Trade Dispute
U.S. LNG exports only started in 2015. and sales to China were a booming business opportunity for the American natural gas industry.
Read More »Most Major Asian Markets Rose but Trade Fears Keep Dealers at Bay
Iran'.s leaders have dismissed Trump'.s offer of talks. saying the US was carrying out ".psychological warfare"..
Read More »US Aims to Freeze Iran Oil Sector in Next Wave of Sanctions
Iran could restart its nuclear program as it attempts to agitate the U.S.
Read More »U.S. Oil Exports to India Rise as China Intake Fades
China has proposed import taxes of up to 25 percent on U.S. crude. as well as on liquefied natural gas and coal.
Read More »China’s Retaliatory Tariffs may Damage the US Energy Industry
China is the third largest importer of US LNG.
Read More »Saudi Arabia Sends more Crude to U.S. as Venezuela Output Falls
Saudi Arabia is sending the most crude oil to the U.S. in 15 months.
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