Imports

China May Crude Oil Imports Drop From Record In April

Cut in imports from Iran is cited for reduction.

June 10, 2019

US Refiners Warn Mexico Tariffs Could Result In Higher Fuel Prices

U.S. refiners warned the Trump administration that tariffs on imports from Mexico could deliver a punishing blow to refiners and raise the cost of gasoline just as the U.S. driving season kicks into high gear, according to sources familiar with the discussions.

June 5, 2019

Trade War Unlikely To Hurt US Oil And Gas, Report Says

In the short term, at least, U.S. exporters have other customers to fill the gap left by China.

May 10, 2019

Kinder Morgan's Gulf Coast Express Pipeline Hit With Steel Tariff

Kinder Morgan Inc. will pay a tariff on imported steel used in a $1.75 billion natural gas pipeline project, the U.S. Department of Commerce ruled on May 6.

May 6, 2019

China’s Sinopec Resumes US Oil Imports After 6 Months

Refiner’s action signals that risks of importing U.S. crude have lessened.

April 23, 2019

UPDATED: US To End All Waivers On Iran Oil Imports, Crude Price Jumps

The United States demanded a cut off of Iranian oil exports to major importers like China and India who had been granted exemptions from sanctions, sending crude prices to six-month highs on fears the U.S. action could lead to a supply crunch.

April 22, 2019

Japanese Refiners Halt Iran Oil Imports As Waiver Expiry Looms

Japan had cut imports by 33% in first nine months of 2018.

March 29, 2019

Sinopec Prepares To Buy US LNG If Government Approves

With the U.S. and China close to a deal that would roll back tariffs, Sinopec prepares for an $18 billion deal with Cheniere.

March 5, 2019

EU Gas Pipeline Rules Could Slow Russia’s Nord Stream 2

Draft law would require import pipelines to not be owned directly by suppliers.

February 13, 2019

Winter Gas Market: So Far, So Normal

The recent Polar Vortex did its damage, but as winter weather goes, say Drillinginfo and Wood Mac, this one is not terribly cold and gas prices are holding steady.

February 11, 2019