Column: Shunned By China, US Crude Exports Surge To Rest Of Asia
U.S. crude producers may have lost the fast-growing China market because of President Donald Trump's trade dispute, but they have more than compensated by making inroads into the rest of top oil-consuming region Asia.
Trade War Cuts US LNG Exports To China
However, some tankers crossing the Pacific could end up in China.
Saudi Arabia Says Its Oil Tankers Among Those Hit Off UAE Coast
Four ships were attacked, UAE says, calling it an effort to undermine the security of crude transport.
Frac Spread: Global Tensions, High Supply Wrestle Over Oil Prices
Conflicts in producing nations Venezuela and Iran are countered by rising inventories in the U.S.
Russian Oil Output Falls In April But Fails To Reach Reduction Target
Officials want to raise the production quota, pointing to improved market conditions.
Putin Hopes Iran Will Continue Oil Exports Despite US Warning
Saudi Arabia is expected to make up the deficit but the Russian leader said he knows of no plans to increase production.
Column: White House Will Tie Iran Sanctions Review To Response By Saudi Arabia
The White House will have to weigh costs and benefits carefully before tightening sanctions on Iran and Venezuela further–and decide whether the economic price is worth the diplomatic gains.
Iran Says US Pressures On Iran, Venezuela Making Oil Market Fragile
Iran's oil minister said on April 14 that U.S. sanctions on Iran and Venezuela and tensions in Libya have made the supply-demand balance in the global oil market fragile, and warned of consequences for increasing pressures on Tehran.
OPEC: Venezuela Reports Collapse In Oil Supply, Tightening Global Market
Country’s collapse has contributed to a 32% increase in crude oil prices this year.
Putin Says No Imminent Decision On Oil Output Cuts
Russia undertook to cut its production by 228,000 bbl/d but has struggled to comply with the pact.