Several people with knowledge of the situation said on Monday that Saudi Aramco has informed at least seven customers in Asia that they will get full contract volumes of crude oil in November before the peak winte ...
Due to weak demand in the region and rising arbitrage shipments, the world's top oil exporter Saudi Arabia may lower October prices for the majority of crude grades it delivers to Asia.
According to Saudi Aramco's pricing document published on Sunday, the country has reduced the price of its Arab Light crude grade to Asia and Europe.
Despite Russia's war in Ukraine and the addition of new sanctions, Sokol crude shipments from the Far East have sold out for next month, proving that the pariah nation continues to find buyers.
Egypt’s Damietta liquefied natural gas (LNG) plant delivered first cargo to Belgium import terminal at Zeebrugge on March 21, 2021. It is the first cargo to be sent to Europe from Damietta since it resumed operati ...
The Asian gas oil demand is expected to grow in 2021 driven from expectations of increase in the consumption especially during the second half of the year.
Brazil has increased crude exports to Asia in the first half of the year as many oil-producing nations cut production to match record low demand.
Saudi Aramco announced that the price of the Arab Light crude to Asian customers has been decreased by $0.75 per barrel for September delivery.
Iran plans to sell discounted oil to the Asian market as a way to mitigate losses caused by US sanctions on the country.
Saudi Aramco has increased the price of crude exports to Asian buyers to their highest levels since 2014 amid rising demand for Saudi oil.
