Trade , Shale Plays , Pipelines

US Shale Shippers Will Pay Surcharge For Steel Tariffs

Plains All American Pipeline said on Aug. 2 it will tack on a fee for users of a new oil pipeline to pay for the cost of the Trump administration's tariffs on imported steel, with analysts and traders calling it the first U.S. energy pipeline operator to do so.

August 4, 2019

Crude Oil , Trade

Saudi Arabia Cuts September Crude Oil Prices To Asia

Saudi Arabia has cut its September price for its Arab Light grade for Asian customers by 75 cents/bbl versus August to a premium of $1.70/bbl to the Oman/Dubai average, state oil company Aramco said on Aug. 4.

August 4, 2019

Crude Oil , Trade , International

Oil Crashes 7% As Trump Announces Additional Chinese Tariffs

U.S. West Texas Intermediate crude oil ended the session down $4.63 at $53.95, or 7.9%—the biggest percentage decline since February 2015.

August 1, 2019

Crude Oil , Trade , International

US Sanctions Chinese Company Over Iran Crude Oil

Washington takes aim at a Chinese state-backed group as it raises pressure on Iran.

July 23, 2019

Liquefied Natural Gas (LNG) , Trade

Japan To Lose Top LNG Importer Position To China By 2022: Report

According to a new report by Wood Mackenzie, Japan could lose its pole position as the world’s top LNG importer to China as early as 2022.

July 23, 2019

Crude Oil , Trade , International

US Oil Exports To Ukraine Deal Another Blow To Moscow

Political pressure and incidents of contaminated crude cut into Russia’s European dominance.

July 12, 2019

Crude Oil , Trade

Survey: OPEC Output Hits New Low On Trump's Sanctions, Supply Pact

Despite lower supplies, crude oil prices have fallen from a six-month high above $75 a bbl in April to below $63 on July 5, pressured by concern about slowing economic growth

July 8, 2019

Crude Oil , Trade , International

Iran Warns OPEC ‘Might Die’ Due To Russia-Saudi Domination

OPEC+ to extend cuts but Iran’s oil minister laments the growing influence of Russia and Saudi Arabia.

July 2, 2019

Investment , Petrochemicals , Crude Oil , Trade , Renewables

Peak Oil Demand

The world is embarking on a low-carbon diet, but does this herald the end of the oil age? It’s complicated.

July 1, 2019

Investment , Exploration & Production , Crude Oil , Trade , Shale Plays

US Energy Independence Could Prove To Be An Illusion

The shale boom took energy security off the U.S. political agenda, but that may not last.

July 1, 2019