- Aramco unlikely to reduce oil exports to West after Houthi attack, analysts say
July 28, 2018
Saudi Aramco, the world’s biggest corporate oil producer, will unlikely reduce its exports to the West following the suspension of its crude shipments through the Bab Al Mandeb strait in the Red Sea, in the wake of attacks on Saudi crude...
- HPCL cancels Iran oil shipment after insurer excludes coverage
July 26, 2018
India's Hindustan Petroleum Corp (HPCL) cancelled the purchase of an Iranian oil cargo earlier this month after its insurance company refused to provide coverage for the crude because of U.S. sanctions, three sources with knowledge of th...
- Turkey's Tupras reduces Iranian crude purchases as U.S. sanctions loom
July 25, 2018
Turkey’s biggest oil importer Tupras has cut back purchases of Iranian crude since May, when the United States said it would re-impose sanctions on Tehran, and analysts say Tupras is likely to stick to lower volumes in coming months.
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- Saudis Reap Benefit From U.S.-China Trade War
July 20, 2018
Saudi Aramco is winning thanks to U.S. President Donald Trump’s trade war with China.
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- China’s diplomacy efforts go a long way towards quenching thirst of its economy
July 18, 2018
China is eyeing closer ties with the UAE as the world’s top crude importer diversifies its oil and gas assets and navigates US tariffs, a slowdown of Iranian crude exports and a transition to a cleaner economy.
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