How Chinese Refiners Are Skirting Venezuela Oil Sanctions | OilPrice.com
Oil traders are mixing additives into Venezuelan crude to disguise its origin so they can sell it to Chinese refiners without either party getting stung…
crude
Saudi Arabia Starts New Bull Run In Middle East Oil | OilPrice.com
Market tightness is the new byword on the global crude markets, though this given bout of supply scarcity (luckily) bears all the traits of a…
How U.S. Shale Upended Global Crude Flows | OilPrice.com
The U.S. removed the ban on American crude oil exports to countries other than Canada in 2015, unleashing a new force on the global oil…
U.S. Foreign Policy Is Fueling Iran’s Interest In Venezuela | OilPrice.com
After the Second World War crude oil and control of its production became an important driver of global geopolitics. Crude oil became an essential component…
Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years | OilPrice.com
Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years, as the U.S. continued to step up sanctions…
South America Set To Struggle With Stranded Oil Assets | OilPrice.com
Sharply weaker oil prices and the COVID-19 pandemic are weighing heavily on the outlook for crude oil. It is not only U.S. shale oil and…
Oil prices rise ahead of OPEC+ talks over crude output levels
World’s oil producers are struggling to agree on how much crude to pump after global energy demand fell due to pandemic. The Organization of the…
India Hopes To Restart Oil Imports From Iran, Venezuela | OilPrice.com
India would like to have more opportunities to work for diversifying its sources of crude, including by resuming oil imports from Venezuela and Iran under…
Venezuela Triples Oil Exports Using Ghost Tankers | OilPrice.com
By Tsvetana Paraskova – Dec 01, 2020, 12:00 PM CST Venezuela boosted its crude oil exports nearly threefold in November to more than 500,000 barrels…
OPEC Oil Output Soars As Production Cut Decision Looms | OilPrice.com
Driven by a faster-than-expected comeback of Libyan oil production, OPEC’s crude output jumped in November by 750,000 barrels per day (bpd), the fifth consecutive increase…
