January 9, 2019

U.S. Oil Shipments To Asia Set To Rise Soon

By Irina Slav – Jan 09, 2019, 12:00 PM CST A combination of lower shipping costs and lower domestic demand will boost U.S. crude oil exports […]
January 3, 2019

Oil Buyers’ Market In Asia Set To Continue

With all the oversupply concern among oil traders, the buyers’ market in Asia is likely to remain strong this year, S&P Global Platts reports today, citing […]
January 1, 2019

U.S. Shale Challenges OPEC’s Oil Dominance In Asia

The explosive growth of U.S. shale production has capped gains of international and U.S. oil prices, offsetting OPEC’s production cuts in the first half of the […]
December 29, 2018

Iran’s Oil Exports To Asia Slump To Five-Year Low In November

Iran’s oil sales to the four major crude buyers in Asia plunged in November to the lowest level in more than five years, as Indian imports […]
December 11, 2018

Iran Widens Discount For Crude To Asia

Iran is going to offer its crude to Asian buyers, to be delivered in January, at US$1 per barrel less than this month, Reuters reports, citing […]
December 1, 2018

Iran Exports To Asia Sink To 760,000 Bpd In October

Crude oil exports from Iran to Asian countries—its biggest clients—sank to an average daily of 762,000 bpd, official customs data and shipping data reported by Reuters […]
November 27, 2018

Iraq Looks To Seize Greater Oil Market Share In Asia

Iraq has allocated 67 percent of its 2019 oil sales to Asia, the country’s oil ministry said on Tuesday, as OPEC’s second-biggest producer aims to sell […]
November 27, 2018

Three Reasons Why LNG Prices In Asia Are Plunging

Prices for liquefied natural gas (LNG) remain weak going into what forecasters are claiming will be a warmer than usual winter season in the Northern Hemisphere. […]
October 12, 2018

Oil Tanker Rates To Asia Hit 2018 High

Freight rates for Aframax tankers to Asia have reached their highest level so far this year, as China’s small refiners received new crude import quotas and […]