Tag Archives: ASCRU

Saudi Arabia remains leading crude distributor to China in 2022, Russian barrels rise

LONDON/SINGAPORE, Jan 20 (Reuters) – Russia continued to be China’s second-largest resource of petroleum in 2022, complying with repeat leading distributor Saudi Arabia, as Chinese refiners got low-priced Russian barrels while Western nations avoided them after the Ukraine situation. China’s petroleum imports from Russia leapt 8% in 2022 from a year previously to 86.25 million tonnes, equal to… Read More »

Indonesia’s 2022 oil training listed below target, yet financial investment increasing

2023 petroleum training target at 660,000 bpd 2023 LNG manufacturing seen at 204-206 freights 2022 upstream financial investment +13% y/y, targeted at $15.5 bln in 2023 IDD risk, operatorship offer anticipated in Q1 JAKARTA, Jan 18 (Reuters) – Indonesia’s oil and also gas training in 2015 was available in listed below target as a result of unexpected closures… Read More »

OPEC+ sees greater 2022 surplus, dangers to grease demand progress

The brand of the Organisation of the Petroleum Exporting International locations (OPEC) sits exterior its headquarters forward of the OPEC and NON-OPEC assembly, Austria December 6, 2019. REUTERS/Leonhard Foeger Register now for FREE limitless entry to Reuters.com Register LONDON/MOSCOW, Aug 31 (Reuters) – The oil market will doubtless see a bigger-than-expected surplus this 12 months, OPEC+ mentioned in… Read More »