asia | Egypt Oil & Gas - Part 2

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.

Oman to Reduce Exports to Asia by 15%

Non-OPEC producer Oman has notified its term customers in Asia that it will reduce supplies by 15% from June to meet local demand and as part of its commitment to cut output under a producers' agreement.

Iran Ships 24m Barrels of Gas to Asia, Europe Last January

Following removal of international sanctions, exports volume of Iran’s crude oil and gas condensate has climbed from 1.2 to over 2.8mb/d.

Riyadh Mulls Price Hike for Crude to Asia

Saudi Arabia is expected to slightly increase the price of its crude for Asian customers in March in line with a stronger Dubai benchmark price.

OPEC, Russia Shielding Asia from Supply Cuts

OPEC and Russia are shielding Asia from supply cuts agreed in a landmark deal in 2016 as they fight to protect their share of the world's biggest and fastest growing oil market.

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