oil export
Oil prices extend losses as weak China data compounds US-China trade deal doubts
Brent crude futures LCOc1 fell 30 cents, or 0.5 per cent, to USD 59.067 barrel.
US seeks UN action on Saudi attacks despite likely Russian opposition
The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran.
Saudi Arabia says oil output hit by drone attack to be restored by September end
Riyadh pumps some 9.9 million barrels per day (bpd) of which around 7.0 million bpd are exported, mostly to Asian markets.
Aramco Trading sells first US West Texas Light crude to Hyundai: sources
ATC is key to Saudi Aramco’s strategy as it expands its refining and petrochemical operations to boost global sales.
Oil prices set for biggest first-quarter gain since 2009 on US sanctions
Brent crude oil futures were up 30 cents, or 0.4 per cent, at USD 68.12 per barrel.
US aims to cut Iran oil exports to under 1 mn bpd from May: sources
US officials were constantly assessing global oil markets to determine the way forward with Iran sanctions waivers.
Iran says despite US sanctions, it has found new 'potential' oil buyers
Washington seeks to bring Iranian oil exports to zero in order to curb Tehran’s missile and nuclear programs.
Arab oil ministers stress need for continued OPEC, non-OPEC cooperation
Russia and several other producers agreed to cut output by about 1.8 million barrels per day.
Oil extends gains, buoyed by Iran sanction worries
US crude production jumped 260,000 barrels per day (bpd) to a record high of 10.26 million bpd in February.
Higher costs forced Saudis to accept oil supply cut
Riyadh realised it required huge capital spending to extract more oil.