SINGAPORE/BEIJING An unprecedented volume of Iranian crude oil is set to arrive at China's northeast Dalian port this month and in early November before U.S. sanctions on Iran take effect, according to an Iranian shipping source and data on Refinitiv Eikon.
ZHOUSHAN, China/SINGAPORE State oil giant Saudi Aramco signed an agreement on Thursday to invest in a refinery-petrochemical project in eastern China, part of its strategy to expand in downstream operations globally.
* Rates buoyed by weather disruptions, demand and bunker
SINGAPORE, Oct 11 Taiwanese refiner CPC Corp
is set to buy U.S. crude oil through a term contract
for the first time, two industry sources said on Thursday.
* Currency risk, high crude price to cut 100,000 bpd in oil
* Refiners brace for plunge in HSFO demand, diesel boom in
SINGAPORE/TOKYO/LONDON High-sulfur fuel oil (HSFO), essentially the leftovers of an oil refiner's output, will still flow from refineries around the world even after new rules start up in 2020 curtailing its use in the global shipping fleet, a Reuters survey showed.
BEIJING/SINGAPORE China's Sinopec Corp is halving loadings of crude oil from Iran this month, as the state refiner comes under intense pressure from Washington to comply with a U.S. ban on Iranian oil from November, said people with knowledge of the matter.
SINGAPORE Asia's emerging markets, the key driver for global oil demand growth, are being hit hard by soaring crude prices and sliding currencies, raising red flags over expectations of further increases in consumption.
SINGAPORE, Sept 27 Norway's Equinor ASA could
look into trading in power markets in Asia after it completes
the acquisition of a Danish power trading company, a senior
company official said.