Oil
Although non-OPEC countries decided to reduce crude oil production at the end of 2016, which drove LPG price to move upward, most insiders kept cautious about crude oil price movement.
February 08, 2017
Despite smooth output reductions among producers like Iraq, oil price closed lower on February 7th (Tuesday) as rebounds in U.S. shale oil output and dollar rally added market concern.
February 08, 2017
Short international refrigerated spot LPG cargoes and periodical purchase of India supported price of the Middle East LPG FOB cargoes.
February 08, 2017
According to Sputnik on February 7th, the National Iranian Oil Company (NIOC) stressed that oil reserve discovered in Iran amounted to 15 billion bbl, including 2 billion bbl of recoverable
February 08, 2017
According to crude sources in Iraq on February 7th (Tuesday), Iraq crude oil export at southern oil ports plunged from 3.51 million bbl/d in December 2016 to be assessed at 3.275 million bbl
February 08, 2017
Crude oil futures closed lower on February 6th (Monday) as excessive speculative lengths, dollar resurgence and rebounding crude output in U.S. fueled pressure on oil price.
February 08, 2017
According to the customs data, China’s diesel exports in December 2016 stood at 1.7843 million mt, up 21.15% MoM and 81.38% YoY. China totally exported diesel of 15.4047 million mt in 2016
February 07, 2017
