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Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.
Read More »Saudi Arabia may Cut March Prices for Most Crude Grades to Asia
Japanese Warship Departs for Gulf to Patrol Oil Lifeline
Tokyo has chosen to operate independently as it navigates disputes in the volatile region.
Read More »Russia Ready to Hasten OPEC+ Meeting on Coronavirus Outbreak
OPEC wants to extend current oil output cuts until at least June from March.
Read More »China Urges Coal Miners to Resume Production to Keep Market Supplied
The administration will strictly ban activities such as raising coal prices beyond their contracts.
Read More »U.S. to Lift Iran-Related Sanctions on Units of Chinese Shipper COSCO
China is the lone major importer of Iranian oil despite Trump’s ``maximum pressure`` campaign on Tehran that includes cutting Iran’s oil revenue to zero.
Read More »China Virus Rattles Oil Markets
Major multinationals are closing operations in China.
Read More »Oil Mixed as Virus Fears. U.S. Stock Build Face Talk of Further OPEC Cuts
Jet fuel demand has slumped in Asia as airlines have cancelled connections.
Read More »Iran’s Petropars Developing South Pars Gas Field after Withdrawal of Foreign Companies
The offshore field. which Iran calls South Pars and Qatar calls North Field. is shared between Iran and Qatar.
Read More »BP Pulls out of Iraq’s Kirkuk Oilfield as Studies Disappoint
BP provided technical assistance to Iraqi state-held North Oil Company to help it with the redevelopment of the Kirkuk field.
Read More »Qatar to Develop 800 MW Solar Power Plant with Total. Marubeni
This plant is the first of its kind in the state of Qatar with a total capacity of 800 MW which equals about 10% of Qatar'.s current peak electricity demand.
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