Trade
Crude Oil , Trade
‘Business As Usual’ After Saudi Attacks, IEA Says
Saudi Arabia took just 11 days to restore lost output, though average supply there tanked by 770,000 bbl/d to just over 9 million bbl/d in September—the lowest level since 2011.
Trade , International , Tankers
Oil Shipping Rates Soar As US Supertanker Sanctions Rattle Crude Trade
Sanctions levied on Chinese shipper COSCO following charges of moving crude out of Iran.
Trade
US Imposing Sanctions On Chinese Entities Over Iranian Oil: Pompeo
The United States is imposing sanctions on certain Chinese entities for knowingly transferring oil from Iran, U.S. Secretary of State Mike Pompeo said in what he called fresh actions to intensify pressure on Iran.
Crude Oil , Trade , International
OPEC Cuts 2020 Oil Demand Forecast, Urges Effort To Avert New Glut
Cartel may move to deeper cuts as the global economic slowdown collides with an expected growth in supply.
Trade , Renewables
Many US Farmers Fume At Washington, Not Trump, Over Biofuel, Trade Policies
Many farmers are angry, and some are directing their anger not at the Republican president, but at Washington's bureaucracy.
Trade
Iraq Resists US Pressure To Reduce Iranian Gas Imports
Iraq will struggle to generate enough electricity unless it continues to use Iranian gas for three to four more years, the electricity minister said on Sept 10, resisting U.S. pressure to stop the imports from its Middle East neighbor.
People , Trade
Weakened Saudi Energy Minister Must Answer To Audience Of One
Saudi Energy Minister Khalid al-Falih’s loss of status puts him under new pressure to meet crown prince’s goals.
Crude Oil , Trade
Sanctions Choke Iran's Crude Sales, But Oil Product Exports Booming
While U.S. sanctions on Iran's oil industry have slashed the OPEC member's crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.
Trade , Pipelines
Plains To Remove Steel Tariff Surcharge On Cactus II
The filing follows a request to FERC by ConocoPhillips and Encana to reject the surcharge.
Trade
Caught In Tariff War, Sinopec Seeks Waiver For Imported US Oil
Largest refiner in Asia might temporarily store the oil or ship it elsewhere if waiver is not granted.