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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...
Shell, Varo in Talks on German Refinery Stake Sale
DE >> 12/15/2016 - Royal Dutch Shell and Varo Energy are in advanced talks on the sale of Shell's 37.5 percent stake in the 220,000 barrels per day refinery in Schwedt, Germany, they said on Thursday. ...
Oil Trade - December 2016
AT >> 12/14/2016 - Preliminary data for November shows that US crude oil imports increased by 114 tb/d from the previous month to an average of 7.8 mb/d, and up by 413 tb/d from one year ago. US monthly product import...
India Oil Trade - November 2016
India Oil Trade - November 2016 IN >> 12/7/2016 - In September, India’s crude imports dropped from the previous month by 142 tb/d, to average 4.3 mb/d. Nevertheless, crude imports reflected an annual gain of 448 tb/d, or 12%. ...

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