Russian Crude Oil Exports Decline by 25% in a Week
This comes as crude oil shipments to Asia from the ports on the Arctic, Baltic, and Black Sea coasts declined to its lowest levels in two months.
This comes as crude oil shipments to Asia from the ports on the Arctic, Baltic, and Black Sea coasts declined to its lowest levels in two months.
China imported around 13% less crude oil from Saudi Arabia in March 2022, compared to a year earlier, while its imports from Russia dropped by 14%.
China, the world's largest crude oil consumer imported last month 42.71 million tonnes, or 10.06 million barrels per day, according to data released by the General Administration of Customs on Wednesday (bpd). Com ...
Eneos Chairman Tsutomu Sugimori announced that his company has halted purchasing Russian crude oil after the invasion of Ukraine.
Agiba added around 6 million barrels of crude oil and 4.2 billion cf of natural gas to its recoverable reserves.
The country imported a total of 41.24 million tons of crude oil in July, with an average of 9.71 million barrels per day (b/d).
The storage terminal is located at the Ras Markaz on the southern coast of Oman. It is developed by Oman Tank Terminal Company (OTTCO), a subsidiary of OQ — the national integrated energy group.
Saudi Arabia plans to increase its crude oil selling prices starting August 2021. The increase will be for Asian, Mediterranean, and North European countries, as well as the US.
An explosion in Iran damaged the 20 ich pipeline delivering crude oil from Cheshmeh Khosh to Ahvaz, Southern Iran.
Valero Energy Corporation restarted the crude oil distillation unit (CDU) with its refineries Meraux, and Louisiana, which the company’s production reach 125,000 barrel per day (bbl/d), according to Reuters.