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1 week ago | 
rigzone.com | Grant Smith |Julian Lee |Bill Lehane
OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela.
Output from the Organization of the Petroleum Exporting Countries shrank by 200,000 barrels a day in April to 27.24 million a day, according to a Bloomberg survey. Venezuela accounted for about half of the decline as international producers such as Chevron Corp.
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1 week ago | 
financialpost.com | Grant Smith |Julian Lee |Bill Lehane
Article content(Bloomberg) — OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
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1 week ago | 
bloomberg.com | Grant Smith |Julian Lee |Bill Lehane
Workers perform maintenance on an oil pumping unit at an oilfield in Akkystau village, Kazakhstan. (Bloomberg) -- OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela. Output from the Organization of the Petroleum Exporting Countries shrank by 200,000 barrels a day in April to 27.24 million a day, according to a Bloomberg survey.
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2 weeks ago | 
business-standard.com | Yongchang Chin |Bill Lehane
Indian refiners have been boosting US oil purchases before trade talks between the two nations next month. Around 11.2 million barrels of crude are set to arrive in India from the US in June, the highest volume since last August, according to provisional data from analytics firm Kpler Ltd.
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2 weeks ago | 
bloomberg.com | Yongchang Chin |Bill Lehane
An oil refinery in Mumbai. (Bloomberg) -- Indian refiners have been boosting US oil purchases before trade talks between the two nations next month. Around 11.2 million barrels of crude are set to arrive in India from the US in June, the highest volume since last August, according to provisional data from analytics firm Kpler Ltd.
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1 month ago | 
bloomberg.com | Jack Wittels |Bill Lehane
(Bloomberg) -- The cost of transporting liquefied petroleum gas from the US Gulf to Asia — a boom trade for American producers of the fuel — collapsed after China pressed ahead with 84% tariffs on the cargoes. LPG, as it’s known, was among an array of US goods upon which Chinese authorities ratcheted up tariffs on Wednesday. Based on a prior announcement, cargoes already on the water look set to be exempt, but those leaving after midday Thursday China time will be affected.
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1 month ago | 
bloomberg.com | Grant Smith |Julian Lee |Bill Lehane
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
financialpost.com | Bill Lehane
Nigeria’s Dangote refinery is drawing feedstock from across the world to add to its domestic deliveries as the mega-plant gradually ramps up, altering the region’s import and export outlook. (Bloomberg) — Nigeria’s Dangote refinery is drawing feedstock from across the world to add to its domestic deliveries as the mega-plant gradually ramps up, altering the region’s import and export outlook. We apologize, but this video has failed to load.
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2 months ago | 
bloomberg.com | Bill Lehane
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
financialpost.com | Grant Smith |Julian Lee |Bill Lehane
OPEC’s crude production rose to the highest level in more than a year ahead of the group’s planned supply revival, driven by gains in Iraq, Venezuela and the United Arab Emirates. (Bloomberg) — OPEC’s crude production rose to the highest level in more than a year ahead of the group’s planned supply revival, driven by gains in Iraq, Venezuela and the United Arab Emirates. We apologize, but this video has failed to load.
