US regulators allowed a natural gas storage facility in West Virginia to increase the amount of supply it retained from customers starting on 1 May, over the objections of some clients.
News ID: 9370 Publish Date : 2020/05/07
India has filled all its available crude storage capacity, including commercial and strategic petroleum reserve (SPR) facilities, and is holding around 50mn bl in floating storage , oil minister Dharmendra Pradhan said.
News ID: 9306 Publish Date : 2020/05/04
China maintained strong crude imports from Russia and Saudi Arabia in March, but again took no US cargoes despite reducing import tariffs a month earlier.
News ID: 9234 Publish Date : 2020/04/27
As many as 25 very large crude carriers (VLCCs) were booked for floating storage during 1 February-30 March, according to shipping data obtained by Argus, as crude demand and prices plummet from a combination of the Opec+ battle for market share and the coronavirus pandemic.
News ID: 9006 Publish Date : 2020/04/01