GRAPHIC: China's fuel oil imports: http://link.reuters.com/duz68v Read full story › Source:: Reuters UK Natural Resources
Vitol is slated to ship the first-ever naphtha cargo on a Persian Gulf to East voyage on a larger LR3 tanker after being awarded Abu Dhabi National Oil Company’s sell tender for 120,000-125,000 mt of low sulfur naphtha for loading from Ruwais over April 15-18. Read Full Story
The old adage that “necessity is the mother of invention” is proving true in the independent E&P oil sector. Faced with low oil prices, independent oil producers are introducing oil price “optionality” into their crude oil sales contracts. Crude producers reeling from low prices are offering optionality as one way of boosting the prices they […]
* Saudi Arabia expects oil price to stabilise (Adds quotes, updates prices) Read full story › Source:: Reuters UK Natural Resources
