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Latest Articles in oil exporter

Saudi Arabia Expected To Cut March Crude Prices For Asia

State oil giant Saudi Aramco sets its crude prices based on recommendations from customers and after calculating the change in the value of its oil over the past month, based on yields and product prices.

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Rosneft Back In Profit In Second Quarter, Oil Output Down 13%

Rosneft gave a dollar figure of $700 million for its earnings in the first quarter. Rosneft said the conversion was calculated using average monthly Central Bank of Russia exchange rates for the reporting period.

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India's July Palm Oil Imports Rise To 10-Month High - Trade Body

Higher imports of palm oil and soyoil lifted India's edible oil imports in July by 13% from a year ago to 1.52 million tonnes, the highest in 11-months

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Saudi Arabia May Slash April Oil Prices To Asia By Most Since 2012

Saudi crude OSPs are usually released around the fifth of each month, and set the trend for Iranian, Kuwaiti and Iraqi prices, affecting more than 12 million barrels per day (bpd) of crude bound for Asia.

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Saudi Arabia May Cut March Prices For Most Crude Grades To Asia

Asia's biggest refiner Sinopec has said it will cut throughput at its plants by 600,000 barrels per day (bpd) in February, although it is unclear how long the production cuts will last.

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Saudi's Falih Calls On Buyers To Secure Oil Shipments In Hormuz

"We, of course, call on the international community and have discussions with my counterpart Minister Pradhan today that India also needs to do its part of securing free navigation of sea links transporting energy to the rest of the world," al-Falih told Reuters after meeting with India's Petroleum Minister Dharmendra Pradhan.

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