News

*Iranian crude oil production. Singapore — Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $3.45 a barrel above the Oman/Dubai average for September, an […]

*Crude oil barrels Singapore — Asian refiners are on the hunt for crude oil to replace Kuwaiti supply as the OPEC producer cuts exports by nearly a fifth to feed its huge new refinery, which […]

*A view of the city skyline and Huangpu river in Shanghai, China February 24, 2022. Picture taken February 24, 2022. REUTERS/Aly Song/File Photo Acquire Licensing Rights Beijing/Singapore — China’s muted economic growth in 2023 as […]

*Commander of NNS Pathfinder, Commodore Desmond Igbo; and Marine Component Commander of OPDS, Commodore Adedokun Siyanbade, who represented the OPDS Commander, Rear Admiral Olusegun Ferreira, on board the MV Cecelia Imo in Port Harcourt Mkpoikana […]

*Saudi Aramco’s Ras Tanura Sea Island Terminal. Bengaluru — Saudi Arabia’s crude oil exports fell for a third straight month in June to their lowest since September 2021, data from the Joint Organizations Data Initiative […]

*A tanker leaves the Rubis fuel station in the central business district of Nairobi, Kenya April 13, 2022. REUTERS/Thomas Mukoya/File Photo Nairobi — Kenya has reinstated a small subsidy to stabilise retail fuel prices for […]

News wire — India and the United Arab Emirates have started settling bilateral trade in their local currencies with India’s top refiner making payment in rupees for purchase of a million barrels of oil from […]