Europe-bound Kirkuk crude was lowered by 50 cents b to a discount of $3.90 b to Dated Brent.
Read More »Kuwait will Ship its First Light Crude Grade by End-June
Kuwait is planning a new heavy crude grade later this year. with a gravity of 16 API and 4.9% sulfur content.
Read More »U.S. Crude Could be a Victim in Brewing Trade War
The U.S. is focused on a ".fair". trading relationship with China.
Read More »China independents Look for Other Crude Oil Grades to Cover Venezuelan Shortfall
Venezuelan crudes are mainly used for asphalt production in China. the demand for which peaks over September-November.
Read More »Iraqi Lawmakers Want Out Of OPEC Deal
Some new members-elect of Iraq’s parliament think that Iraq should be able to export as much crude oil as it wants.
Read More »Overcompliance of OPEC Members Has Created a Problem
The decision to keep cutting or start ramping up needs to be unanimous.
Read More »Rosneft Signs Agreements to Supply Gas to Ghana
The signed documents open a new stage in the development of cooperation between Russia and Ghana.
Read More »US Oil Rig Count Rises 15 to 859
The recent US oil rig peak of 1.609 was in October 2014. at a time oil prices had fallen to the mid-$80s b.
Read More »Iran LPG Shipments Reach 400K Tons
Seven vessels had already left Iranian ports with their cargoes. while four have yet to depart or have yet to arrive at Iranian ports.
Read More »Pouyanne: Iran Sanctions. Venezuela Collapse Likely to Push Oil to $100 b
Total said Wednesday it had halted plans to help develop Iran'.s giant South Pars gas field.
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