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United Kingdom

Florence Tan

Oil traders try to ship dirty Russian crude to Asia

20 May 2019

SINGAPORE/MOSCOW Trading companies Vitol and Unipec are sending around 700,000 tonnes of contaminated Russian oil to Asia in an attempt to place the barrels rejected by buyers in Europe, according to trading sources and ship tracking data.

RPT-Asia oil buyers, shippers go on alert after Saudi ship, facility attacks

16 May 2019

SINGAPORE/TOKYO, May 15 Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry sources said on Tuesday.

Asia oil buyers, shippers go on alert after Saudi ship, facility attacks

15 May 2019

SINGAPORE/TOKYO Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry sources said on Tuesday.

Asia's spot oil prices rise to multi-year highs on tight supply

14 May 2019

SINGAPORE Prices of Middle East and Russian spot crude grades sold in Asia hit multi-year highs as Asian oil buyers snapped up cargoes amid tighter supplies, trade sources said on Tuesday.

UPDATE 1-Asia's spot oil prices rise to multi-year highs on tight supply

14 May 2019

* Qatar Marine, Abu Dhabi's Murban, Russia's Sokol premiums jump

RPT-Asia's refiners brace for surge in spot oil prices on tight supply

14 May 2019

* Sokol, Oman, Murban crude premiums seasonally highest in 4 yrs - data

Asia's refiners brace for surge in spot oil prices on tight supply

13 May 2019

* Sokol, Oman, Murban crude premiums seasonally highest in 4 yrs - data

Sinopec, CNPC skip Iran oil purchases for May to avoid U.S. sanctions

10 May 2019

SINGAPORE China Petrochemical Corp (Sinopec Group) and China National Petroleum Corp (CNPC), the country's top state-owned refiners, are skipping Iranian oil purchases for loading in May after Washington ended sanction waivers to turn up pressure on Tehran, three people with knowledge of the matter said.

UPDATE 2-Sinopec, CNPC skip Iran oil purchases for May to avoid U.S. sanctions

10 May 2019

* Refiners worry over being cut from global finance system-sources

Japan refiners tap more oil from Middle East to replace Iran supply

09 May 2019

TOKYO/SINGPORE Japanese refiners are tapping more oil from the Middle East after the United States ended all waivers from sanctions on Iran starting from this month.

World News