asia | Egypt Oil & Gas - Part 5
Saudi Varying Crude Prices Targeted to Asian Market
Top oil exporter Saudi Arabia is expected to cut monthly prices for medium and heavy grades it sells to Asia in August on weaker fuel oil cracks, while keeping the price for its flagship light crude little changed
Asian Crude Buyers on Knife Edge Over Iran Nuke Deal
Asian imports of Iranian crude rose to the highest level this year in May, although buyers may have to curb any further increases if negotiators up against a deadline fail to reach a final deal on Tehran's disputed n ...
Traders Set to Send Record Amount of North Sea Oil to South Korea
Oil traders may send a record amount of crude from the North Sea to South Korea this month, amid signs that refining rates in the Asian country are surging.
Asian Oil Refiners Look to Adapt to Market Changes Amid Crude Glut
The surge in oil supplies that has crushed prices is prompting some refiners in Asia to buy more crude that can be delivered immediately rather than at some future date, adding to pressure on sellers.
Iraq Makes Predictable Crude Price Rise to Asia
Iraq increased its July official selling price (OSP) for Basra Light crude to Asia as expected, but a steeper than expected hike for Basra Heavy could weigh on the new grade.
Iran PetroChem Export Project Attracts Western Investors and Regional Competition
Eight western European companies are keen to invest in Iran's $2.8 billion (2 billion pound) Siraf oil refinery project
Gazprom Declines Amid Asian Expansion, European Slump
Gazprom posted a third straight weekly decline as concern mounted that earnings will be crimped as the Russian natural gas producer spends to expand in Asia while gains in Europe, its biggest market, continue to slum ...
Oil Prices Fall as OPEC Keeps Production Unchanged
Crude oil prices fell in early Asian trading on Monday as markets were expected to be increasingly oversupplied following OPEC's decision last Friday to keep its production targets unchanged.
