October 9, 2018

Chinese Oil Product Consumption Grows 6% In August

China’s oil product consumption increased by 5.9 percent annually and 3.2 percent monthly in August, with gasoline consumption up 9.5 percent and gasoil consumption up 2.7 […]
September 7, 2018

Iranian Oil Exports To China Hit 874,000 Bpd In August

China imported Iranian crude at an average daily rate of 874,000 barrels last month, S&P Global Platts data shows, and, according to the agency, these will […]
September 5, 2018

Oil Imports By China’s Teapots Drop In August

Chinese teapot refineries imported 5.7 percent less crude oil in August than in July, a survey by S&P Global Platts has revealed, reinforcing a growing worry […]
September 4, 2018

Iraq’s Southern Oil Exports Rise To New High In August

Iraq set a new record for oil shipments from its southern ports in August, sending out 3.583 million bpd of oil last month and beating the […]
September 1, 2018

Survey: OPEC’s August Production Rises

OPEC’s oil production for the month of March was 220,000 barrels per day higher than July volumes, a Reuters survey showed on Friday. Oil prices bristled […]
August 31, 2018

Saudis Boosted Oil Production To 10.424 Million Bpd In August

Saudi Arabia will report to OPEC that its crude oil production in August averaged 10.424 million bpd, up from the July levels, S&P Global Platts reported […]
August 28, 2018

Iran’s Oil, Condensate Exports Plunge In August

Iran’s crude oil and condensate exports are set to drop to a total of 64 million barrels this month, or 2.06 million bpd—the first time that […]
July 20, 2018

Oil Prices Rebound As Saudis Expect Reduced Exports In August

Saudi Arabia is expecting a reduction in crude oil exports next month, despite earlier signs that Saudi Arabia—and Russia—have started to raise production even before the […]
July 13, 2018

U.S. To Hold Major Oil & Gas Lease Sale In August

By Irina Slav – Jul 13, 2018, 11:00 AM CDT The U.S. Department of the Interior will hold an oil and gas lease sale for 78 […]