UNIPEC. the trading arm of Asia´s biggest refiner Sinopec is one of the largest buyers of U.S. oil.
Read More »Saudi Arabia will Borrow $12 Billion after Aramco IPO Stalls
Almost 16 banks are expected to participate in the lending process. with the lead banks to be selected later Thursday.
Read More »International Oil Prices Slip as Trade Dispute Rise. U.S. Crude Stock Drop Supports
In U.S. oil markets. a decline in commercial crude inventories provided WTI with stronger support than Brent.
Read More »Saudi Energy Minister Denies Aramco IPO will be Called off
The government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum.
Read More »Iraq`s Southern Oil Exports Head for Record High in August
Southern Iraqi exports in the first 19 days of August averaged 3.7 million barrels per day.
Read More »Crude Prices Mixed as U.S. Readies Sanctions on Iran
Saudi Arabia might be seeking to expand its oil production by building an oil port in Yemen’s al-Mahra governorate.
Read More »Poland Opposes Russia`s Planned Gas Pipeline
Poland buys most of the gas it consumes from Russia but has taken steps to reduce that reliance.
Read More »Merkel. Putin Discussion about Nord Stream 2. Syrian Reconstruction
Both leaders raised concerns about Syria and the plight of the many refugees created by the seven-year-old war there.
Read More »Iran Looking for Options on Oil Sales amid US Sanctions
President Trump earlier this year announced the U.S. is re-imposing sanctions on Iran that will include Iranian oil sales.
Read More »No OPEC Member can Take over Iran`s Share of Oil Exports
Iran is the third-largest oil producer in the Organization of the Petroleum Exporting Countries after Saudi Arabia and Iraq.
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