Crude exports articles & resources on Made-in-China.com

Analysis: US Crude Exports Hit Record in September

Nov 8, 2016

US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...

Tags: crude exports, crude

US Exported 662,000 B/D of Crude in May, Highest on Record: EIA

Jul 29, 2016

US crude exports jumped to their highest level on record in May, coming in at 662,000 b/d, monthly data from the US Energy Information Administration showed Friday. Exports are up from 591,000 b/d in April and have been up steadily from ...

Tags: crude exports, US crude

Crude Futures Fall After Iea Warns Glut Will Persist Into 2016

Dec 15, 2015

Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...

Tags: IEA, oil, crude

China's Oct Crude Oil Imports Rise 9.4% on Year

Nov 10, 2015

China's crude oil imports rose 9.4% on year to 26.35 million mt in October, or 6.23 million b/d, preliminary data released by the General Administration of Customs Sunday showed. The October imports were 8.8% lower from September's 6.829 ...

Tags: Crude Oil, crude exports

China's October Crude Imports From Iran Surge 36%

Nov 25, 2014

China's crude imports from its major suppliers, including Iran, rose significantly in October versus a year ago, save for top exporters Saudi Arabia and Angola, detailed data from the General Administration of Customs showed Saturday, ...

Tags: Crude imports, Crude Oil

Kazakhstan's CPC Blend Crude Oil at 23-Month Low Versus Dated Brent

Jun 23, 2014

Kazakhstan's CPC Blend crude has fallen to a 23-month low versus Dated Brent, as weak end-user demand has continued to weigh on values for prompt supplies. CIF Augusta CPC Aframax cargoes were assessed at a $1.73/barrel discount to the ...

Tags: Crude Oil, CPC Blend crude

Argentine Oil Production Fell 0.4% in March Compared with The Year-Ago Period

May 28, 2014

Argentine oil production fell 0.4% in March compared with the year-ago period, while natural gas output rose 0.5% over the same period, an industry report showed Friday. Crude production declined to an average of 533,651 b/d in March from ...

Tags: oil production, Oil Output

Russia Will Not Decrease Exports of Our Oil and Gas in The Next 10-20 Years

May 27, 2014

Russia does not plan to reduce export volumes of its crude and gas in the next 10-20 years, but expects to increase exports of high quality oil products as major modernization of its refineries is in the final stages, Lukoil CEO Vagit ...

Tags: Crude Exports, Gas Exports

OPEC Would Need to Boost Its Output in Q3 by Some 900,000 B/D to Meet Rising Demand

May 19, 2014

The International Energy Agency said Thursday OPEC would need to boost its output in the third quarter by some 900,000 b/d from April's level to meet rising global demand, and warned that OECD oil stocks remained tight by historical ...

Tags: OPEC, oil supply

China Is on a Long-Term Track to Be a Net Exporter of Petroleum Products to Middle East

May 16, 2014

China is on a long-term track to become a net exporter of petroleum products to the Middle East, a senior official of state-controlled China National Petroleum Corp said Tuesday. "China could at some point become a net exporter of fuel ...

Tags: Oil-Product, Oil Refineries

The Physical North Sea Market Is Strengthening Against The Paper Market

Apr 30, 2014

The physical North Sea market is strengthening against the paper market, reaching a six-week high on Friday and bid higher Monday, as the return of some refineries from maintenance adds to crude demand, while less output than expected is ...

Tags: Physical Crude, Increased Demand

Yemen's Crude Oil Exports in February Fell to 800,000 Barrels

Apr 23, 2014

Yemen's crude oil exports in February fell to 800,000 barrels, from around 2 million barrels in January as repeated attacks on oil pipelines led to halts in crude production, official new agency Saba reported Saturday, quoting a report by ...

Tags: crude oil, Yemen

China's Crude Oil Imports in March Edged up 0.9%

Apr 15, 2014

China's crude oil imports in March edged up 0.9% year on year to 23.25 million mt or an average 5.5 million b/d, according to preliminary data released Thursday by the General Administration of Customs. The imports were down 8.8% from ...

Tags: oil product, fuel oil, commercial oil product

EIA Was Asked to Analyze The Impact of Lifting Restrictions on US Crude Oil Exports

Apr 15, 2014

The Senate Energy and Natural Resources Committee chairman and ranking member have asked the Energy Information Administration to analyze the impact of lifting restrictions on US crude oil exports. "This is a complex puzzle that is best ...

Tags: Crude Export, EIA Study

US Crude Production Will Average 8.39 Million B/D in 2014

Mar 13, 2014

With US refineries expanding their capacity to process more domestic light oil in the coming years, the US Energy Information Administration on Tuesday said it expects refinery crude inputs to reach 15.52 million b/d this year and 15.61 ...

Tags: US Refinery, Domestic Production, light oil

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