Crude Oil

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The world is pumping out more oil and other petroleum liquids than ever before.
News ID: 2439    Publish Date : 2018/10/14

Chinese refiners are buying more and more very cheap heavy Canadian crude oil to make up for the dwindling supply of Venezuela’s heavy grades as China’s road construction sector—a key consumer of the heavy oil’s bitumen yield—is booming.
News ID: 2426    Publish Date : 2018/10/13

China has pledged to sharply raise crude oil import quotas for the independent refining sector by 42% in 2019, as the startup of two mega refineries nears and a few small ones aim to boost operations, opening up a new window of opportunity for Middle Eastern, Latin American and Russian suppliers.
News ID: 2323    Publish Date : 2018/10/01

Iran's light crude oil extended its rally to its highest level of above $66 a barrel in more than two years on the back of a bull run in global markets.
News ID: 1781    Publish Date : 2018/01/13

Indian refiners imported nearly half as much crude oil from Iran in November as the month before, ship tracking data showed, while South Korea’s imports last month dropped to the lowest level since June.
News ID: 1698    Publish Date : 2017/12/16

Venezuela’s crude oil exports to the United States fell in November to their lowest level since January 2003, when a strike knocked down the country’s output, due to sanctions and a steep production decline, according to Reuters data.
News ID: 1642    Publish Date : 2017/12/11

Iran's crude oil prices continued to advance in the week to November 3, following the trail of international oil benchmarks which have rallied to their peak levels in more than two years.
News ID: 1531    Publish Date : 2017/11/12

Iran's crude oil crossed the $57-a-barrel threshold for the second time this year as global prices continue to draw support from the prospect of extending a supply cut agreement between OPEC and non-OPEC producers.
News ID: 1517    Publish Date : 2017/11/08

Iran has increasingly expanded its footprint in the European oil market since last year's lifting of sanctions, with ports and terminals in Europe taking in nearly 35% of Iranian crude exports.
News ID: 1313    Publish Date : 2017/09/17

Iran's light crude oil traded at $51 per barrel in the week to August 25, up $1.24 in weekly trade.
News ID: 1253    Publish Date : 2017/09/04

Iranian crude oil production increased by 100,000 barrels per day (bpd) in August from its previous month.
News ID: 1250    Publish Date : 2017/09/02

Iran used to swap as much as 130,000 bpd of crude oil and received $1 in transit costs for each barrel
News ID: 1194    Publish Date : 2017/08/19

Iran's crude oil traded above $53 a barrel in the week to April 14, reflecting the global confidence in a pact between OPEC and non-OPEC producers to slash supplies to boost flagging oil prices.
News ID: 1128    Publish Date : 2017/04/24

OPEC has upgraded its world oil demand forecast to 1.27 million barrels per day, an upwards revision of 10,000 barrels per day.
News ID: 1085    Publish Date : 2017/04/13

Indonesia's Pertamina will buy 1 million barrels of Iranian crude oil, expected to be delivered in the first quarter of 2017, its chief executive Dwi Soetjipto told reporters on Monday.
News ID: 764    Publish Date : 2016/12/26

Iran's oil export grades topped the $50-per-barrel mark in the week ending Dec. 16, supported by a decision of OPEC producers and outside producers to slash production to alleviate a global oversupply that has depressed prices for more than two years.
News ID: 739    Publish Date : 2016/12/25

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