Crude Oil , Trade

WTI Drops 2.1% As US-China Trade War Escalates

Crude oil is included on the latest list of US exports to face a tariff.

August 23, 2019

Crude Oil , Trade

China Includes Crude Oil In New Tariffs On $75 Billion In Goods

Tariffs will go into effect along with U.S. tariffs beginning on Sept. 15.

August 23, 2019

Trade , Shale Plays , Pipelines

US Shale Producers Challenge Cactus II Pipeline Surcharge For Steel Tariff

Two U.S. shale producers have challenged an energy pipeline operator's proposed surcharge for the Trump administration's 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs.

August 20, 2019

Trade , International

Iran Tanker Heads To Greece After Release

Iran warns the U.S against attempting to seize it again.

August 19, 2019

Crude Oil , Trade

OPEC Delivers Downbeat Oil Market Outlook For Rest Of 2019

The report by OPEC also said oil inventories in developed economies rose in June, suggesting a trend that could raise the group's concern over a possible oil glut.

August 16, 2019

Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Trade , Storage

Frac Spread: Economy Wobbles … Will It Fall Down?

The Mont Belvieu NGL ‘barrel’ joins global crude oil, the stock markets and the Chinese and German economies on a bad news binge.

August 15, 2019

Trade , Tankers

Trafigura In Ship Fuel Venture With Frontline, Golden Ocean

Frontline and Golden Ocean will acquire 15% and 10% interests in the joint venture respectively, while commodity trader Trafigura will contribute its existing physical bunkering activities and own the remaining 75%.

August 13, 2019

Crude Oil , Trade , International

Analysts: China Continued Iran Oil Imports In July Despite Sanctions

Imports could have averaged as much as 360,000 bbl/d.

August 8, 2019

Trade , International

UK Joins United States For Security Mission In Persian Gulf

No other countries have joined the mission to protect merchant vessels.

August 6, 2019

Crude Oil , Exports

Census: Crude Exports Rise To Monthly Record In June

South Korea passes Canada as the top importer of U.S. oil; China is No. 3.

August 5, 2019