Friday, Apr 16, 2021 | Last Update : 09:56 PM IST

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.

15 Oct 2019 9:29 AM

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.

18 Sep 2019 1:32 PM

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.

18 Sep 2019 8:52 AM

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.

28 Aug 2019 1:02 PM

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.

29 Mar 2019 11:16 AM

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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.

14 Mar 2019 10:16 AM

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.

05 Jan 2019 3:01 PM

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.

04 Jun 2018 8:59 AM

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.

01 May 2018 10:41 AM

Higher costs forced Saudis to accept oil supply cut

Riyadh realised it required huge capital spending to extract more oil.

16 Dec 2016 6:17 AM

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Iran replaces Saudi Arabia to become top oil supplier to india

Iran produces almost 4 million bpd of oil and exports 2.4 million bpd.

17 Nov 2016 4:05 PM

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