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Oil Trade


Petrochina's Head Of Crude Oil Trading Resigns, Replaced By Deputy
CN >> 3/22/2017 - The head of crude oil trading at Chinese state energy giant PetroChina has resigned after 20 years with the company, a rare departure from a state-owned enterprise known for retaining talent in the mi...
China's SASAC, Saudi Aramco Discuss Oil, Engineering Cooperation
SA >> 3/22/2017 - A top official of China's state assets regulator met with Saudi Aramco's chief executive last week for discussions over cooperations in the oil, engineering and power sectors, according to a statement...
Unpaid Wages, Sackings Stir New Tension in Nigeria's Oil Hub
NG >> 3/16/2017 - The moment a group of Nigerian contractors met executives from Italian oil major ENI to discuss unpaid wages they started shouting, calling them fraudsters and liars until a police commander restored ...
Oil Trade - March 2017
AT >> 3/14/2017 - In February, preliminary data shows that US crude oil imports declined by 502 tb/d, or 6%, from the previous month to average around 8 mb/d. However, on an annual basis, the figure reflected a slight...
US Oil Trade - February 2017
US Oil Trade - February 2017 US >> 3/13/2017 - January preliminary data shows that US crude oil imports increased to average 8.4 mb/d, up by 489 tb/d from the previous month and 683 tb/d or 9% over the previous year. ...
Oil Trade - February 2017
AT >> 2/13/2017 - Preliminary data for January shows that US crude oil imports increased to average 8.4 mb/d, up by 489 tb/d from the previous month and by 683 tb/d or 9% from the previous year. Similarly, US monthly ...
Oman Considers Taking Early Payments for Oil to Avoid New Debt
OM >> 2/16/2017 - The government of Oman is considering financing structures that let it get advance payments from oil traders, reducing the government's need to borrow more money from banks, sources familiar with the ...
West Africa Oil Floods to Asia in Latest Sign of OPEC Impact
NG >> 1/31/2017 - West African oil producers this month will send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace ...
Nigeria's Trans Forcados Pipeline to Reopen near End Q2
NG >> 1/30/2017 - Nigeria's Trans Forcados Pipeline which has been shut for most of the last year could reopen "towards the end of the second quarter", Seplat Chief Executive Austin Avuru said. The pipeline, operated b...
Igor Sechin Reported to Vladimir Putin on Rosneft 2016 Operational Results
RU >> 1/23/2017 - President of Russia Vladimir Putin had a working meeting with Rosneft Chief Executive Officer Igor Sechin, who reported on the Company’s 2016 operational results. According to Igor Sechin, “2016 saw p...
China Oil Trade - January 2017
China Oil Trade - January 2017 CN >> 1/24/2017 - China’s crude imports increased by 1.1 mb/d, or 16%, in November to average 7.9 mb/d, compensating for the drop in crude imports it saw a month earlier. At the same time, China’s refinery throughput i...
Oil Trade - January 2017
AT >> 1/18/2017 - In December, preliminary data shows that US crude oil imports declined to average 7.8 mb/d, down by 42 tb/d from the previous month and down by 73 tb/d, or 1%, from a year earlier. On a year-to-date ...
Japan Oil Trade - December 2016
Japan Oil Trade - December 2016 JP >> 1/9/2017 - Japan’s crude oil imports dropped in October by 182 tb/d, or 6%, to average 3.1 mb/d. Y-o-y, crude imports also declined in October by 67 tb/d, or 2%. ...
Oil Trader Gunvor Suing Cerberus over Failed Chevron Bid
ZA >> 1/4/2017 - Oil trader Gunvor Group is suing Cerberus Capital Management, alleging that the private-equity firm is refusing to pay its share of costs incurred when the two companies made a failed $650 million bid...
Vitol Clinches $1 Billion Pre-Finance Oil Deal with Iran
IR >> 1/4/2017 - The world's largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. (NIOC) to loan it an equivalent of $1 billion in euros guaranteed by future exports of refined products, ac...
US Oil Trade - December 2016
US Oil Trade - December 2016 US >> 12/22/2016 - Preliminary data for November shows that US crude oil imports increased over the month to average 7.8 mb/d, up by 114 tb/d from the previous month and 413 tb/d from a year earlier. On a year-to-date b...

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