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How The Trade War Could Benefit Australian Gas

How The Trade War Could Benefit Australian Gas

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The Implications Of A Fractured U.S., Saudi Alliance

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News

Oil Remains Outside Scope Of U.S. Sanctions For Venezuela

Oil Remains Outside Scope Of U.S. Sanctions For Venezuela

Oct 18, 2018 at 11:36 | Irina Slav

The United States is mulling over more sanctions against Venezuela, but crude oil exports will not be among the sanction subjects, Reuters reports, quoting a Washington official. The source…

Kinder Morgan Cancels Gas Pipeline Project

Kinder Morgan Cancels Gas Pipeline Project

Oct 18, 2018 at 10:29 | Irina Slav

Kinder Morgan has decided to shelve its Utica Marcellus Texas Pipeline project, the company said at the presentation of its third-quarter financial results. Instead, Kinder Morgan said, it will…

India’s Reliance Stops Importing Iranian Crude

India’s Reliance Stops Importing Iranian Crude

Oct 18, 2018 at 09:18 | Irina Slav

Reliance Industries has stopped importing Iranian crude oil ahead of U.S. sanctions against Tehran that enter into effect on November 4, a senior company official told Reuters. He added…

Saudis, Kuwait Fail To Agree On 500,000-Bpd Joint Oil Fields Restart

Saudis, Kuwait Fail To Agree On 500,000-Bpd Joint Oil Fields Restart

Oct 17, 2018 at 17:38 | Tsvetana Paraskova

Due to operational divergences and geopolitical divisions, Saudi Arabia and Kuwait haven’t made any progress in talks about the potential restart of jointly operated oil fields that analysts were hoping…

Europe’s Fuel Oil Traders Wary Of Closing 2019 Deals

Europe’s Fuel Oil Traders Wary Of Closing 2019 Deals

Oct 17, 2018 at 17:28 | Tsvetana Paraskova

Traders in Europe are not rushing to the 2019 tenders for fuel oil, expecting wild price volatility in the prices of both high-sulfur and low-sulfur fuel oil next…

Kuwait Prices New Super Light Crude Above Saudi Arab Extra Light

Kuwait Prices New Super Light Crude Above Saudi Arab Extra Light

Oct 17, 2018 at 17:10 | Tsvetana Paraskova

Kuwait Petroleum Corp (KPC) has set the official selling prices (OSPs) for its new Super Light Crude grade at a premium to a similar Saudi grade for October and November,…

Saudi Arabia Lifts West Coast Oil Export Capacity By 3 Million Bpd

Saudi Arabia Lifts West Coast Oil Export Capacity By 3 Million Bpd

Oct 17, 2018 at 16:01 | Tsvetana Paraskova

Saudi Arabia has added 3 million bpd of oil export capacity to its West Coast on the Red Sea after the upgrade of Saudi Aramco’s Yanbu South Terminal, the state…

OPEC Tells Members Not To Mention Oil Price To Avoid U.S. Legal Risk

OPEC Tells Members Not To Mention Oil Price To Avoid U.S. Legal Risk

Oct 17, 2018 at 12:03 | Tsvetana Paraskova

OPEC has urged all its members not to mention specific oil prices, to instead stick to the ‘market stability’ narrative in public comments about oil policies to avoid the risk…

New Tax Credit Proposal Could Lift Tesla, GM Stock

New Tax Credit Proposal Could Lift Tesla, GM Stock

Oct 17, 2018 at 11:37 | Irina Slav

Nevada Senator Dean Heller has proposed lifting the tax credit ceiling for electric cars, Reuters reports, citing the text of the proposal, which has not yet been made public.…

Higher Crude Breakeven Costs Slow Qatari Diversification

Higher Crude Breakeven Costs Slow Qatari Diversification

Oct 17, 2018 at 10:48 | Irina Slav

The breakeven price for Qatari crude oil has risen to US$47.10 per barrel this year from US$24.20 a barrel ten years ago, a Gulf think-tank has calculated. The Gulf Times…

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