asia

Since Resumption in Feb, Damietta LNG Plant Ships First Cargo to Europe

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 operations in late February, according to S&P Global Platt.

Asian Gas Oil Demand to Grow in 2021

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 Achieves Record Crude Oil Exports to Asia

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.

Aramco Cuts Arab Light Septrmber Prices for Asian Markets

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 To Sell Oil to Asia at Discount

Iran plans to sell discounted oil to the Asian market as a way to mitigate losses caused by US sanctions on the country.

Aramco Raises Price of Crude Exports to Asia

Saudi Aramco has increased the price of crude exports to Asian buyers to their highest levels since 2014 amid rising demand for Saudi oil.

Iranian Exports to Asia Rise but Remain Below 2016 Levels

Iranian crude exports to Asia rose in August for the second month in a row but remained well below export levels for August 2016.

Saudi Heavy Crude Price to Asia to Increase by August

Saudi Arabia is aiming to raise prices for its exported heavy crude to Asia by August to the highest level in more than three years.

Iran Increases Oil Exports to the West

Iran's oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016.

Saudi Arabia to Cut Light Crude Prices to Asia

The official selling price for flagship Arab light crude could be cut by $0.10-$0.40 in May.

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