Asian markets

  • Refiners Expect Saudi Arabia to Raise Asian Prices

    Refiners Expect Saudi Arabia to Raise Asian Prices

    Wednesday, 1st November 2017

    Saudi Arabia is set to raise December crude oil prices for Asian buyers.

  • Iranian Exports to Asia Hit 6 Month High

    Iranian Exports to Asia Hit 6 Month High

    Wednesday, 1st November 2017

    Iranian exports to China, South Korea, India, and Japan climbed 20% in September, compared to August, to reach 1.9 million barrels per day (b/d).

  • Saudi Aramco Cuts Asian Allocations

    Saudi Aramco Cuts Asian Allocations

    Thursday, 12th October 2017

    To meet its self-imposed export cuts in November, Saudi Arabia is cutting crude oil shipments to customers in Asia.

  • Saudi Arabia to Up Crude Exports to Asia in October

    Saudi Arabia to Up Crude Exports to Asia in October

    Tuesday, 12th September 2017

    With refining operations disrupted in the US, Saudi Arabia will increase exports to Asian markets in October.

  • Kuwait Raises Asian Crude Prices

    Kuwait Raises Asian Crude Prices

    Monday, 11th September 2017
    Kuwait will raise the price of its crude exports to Asia by $0.35 for the month of October.
  • Saudi Maintains Near-Record Crude Output

    Saudi Maintains Near-Record Crude Output

    Thursday, 4th August 2016
    Saudi Arabia keeps pumping at near-record levels to defend sales in Asia, its biggest market, amid an increase in global supply. In addition, Saudi Aramco, the state-run oil giant, said that both its drilling and IPO plans remain unchanged.
  • Iran Breaking Pricing Tradition for Crude Exports to Asia

    Iran Breaking Pricing Tradition for Crude Exports to Asia

    Sunday, 10th April 2016
    Iran is seeking to enter an oil price war with its rivals. Tehran ratcheted up its offense in the oil market by breaking a pricing tradition, signaling it is determined to win its market share at a time when rival producers are trying to forge a deal on freezing output.
  • Iranian Crude Exports to Asia Expected to Increase

    Iranian Crude Exports to Asia Expected to Increase

    Wednesday, 30th March 2016
    Iranian crude export to the Asian markets in February jumped by about 25% from a year earlier to levels last seen in 2014, as latest market figures show.
  • Kuwait Aims to Raise its Crude Oil Production

    Kuwait Aims to Raise its Crude Oil Production

    Wednesday, 24th February 2016
    Kuwait plans to raise its crude oil production by 150,000b/d in Q3 2016 and aims to sign new export deals with European and Asian customers, Nabil Bouresli, Managing Director of International Marketing at Kuwait Petroleum Corporation (KPC) had said earlier this month.
  • Angola Petroleum Downturn Hits Exports and Tenders

    Angola Petroleum Downturn Hits Exports and Tenders

    Sunday, 20th September 2015
    Hellenic Shipping News was able to learn that Angola is set to export only 55 cargoes, or around 1.77 million b/d of crude oil in November.