Tag Archives: Platts

OPEC pumped 29.88 million b d in April. according to an average of the secondary sources used to monitor output.

The group'.s total output declined by 1.3% last year.

Saudi Aramco has raised the price differentials for all of its five crude oil grades loading in July and bound for Asia.

Increasing trade friction and potential barriers would certainly have a negative impact on the global economy and oil demand growth.

The U.S.. even without a 25 percent tariff on its LNG exports to China. would struggle to vie with Qatar as the top global LNG producer.

Iran currently holds the most influence over crude oil price movement. followed by Russia and the United States.

Sempra has said it hopes to reach a final investment decision by early 2020.

India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.

OECD oil inventories as of March stood 22.8 million barrels above the five-year average.

China will increase tariffs on $60 billion of products imported from the US.