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Light Crude News Monitoring

  • Published on 08:48 GMT

    Weekly overview of Azerbaijani oil prices

    This week, the average prices for Dated Brent, Azeri LT CIF, Azeri Light FOB Ceyhan, and Urals (EX NOVO) crude oils experienced declines, Azernews reports. The Azeri Light crude oil, delivered on a CIF basis from Azerbaijan’s Azeri-Chirag-Gunashli field, …

    Source: AzerNews - Gov't Propaganda
  • Published on Jun 28, 2025

    Canadian Natural Resources (CNQ) Reaches Agreement with Canada’s Competition Bureau

    Canadian Natural Resources Limited (NYSE:CNQ) is one of Goldman Sachs’ top energy stock picks. On June 20, the company reached an agreement with Canada’s Competition Bureau to settle competition concerns tied to its acquisition of Schlumberger’s stake in a …

    Source: Yahoo Finance - Center-left
  • Published on Jun 28, 2025

    2.45% electricity tariff hike necessary to avert ECG collapse - Majority Leader

    Majority Leader Mahama Ayariga has justified the Public Utilities Regulatory Commission’s (PURC) recent approval of a 2.45% increase in electricity tariffs, arguing that the move is necessary to prevent the collapse of the Electricity Company of Ghana (ECG …

    Source: GhanaWeb - Neutral
  • Published on Jun 28, 2025

    China’s Iran oil imports soar in June on rising shipments

    China’s oil imports from Iran surged in June as shipments accelerated before the recent conflict between Israel and Iran and demand from independent refineries improved, analysts said. The world’s top oil importer and biggest buyer of Iranian crude brought …

    Source: Gulf Daily News Online - Pro-Government
  • Published on Jun 27, 2025

    China’s Iran Oil Imports Surge in June on Rising Shipments

    By Siyi Liu, Trixie Yap and Enes Tunagur SINGAPORE/LONDON, June 27 (Reuters) – China’s oil imports from Iran surged in June as shipments accelerated before the recent conflict between Israel and Iran and demand from independent refineries improved, …

    Source: gCaptain - Neutral
  • Published on Jun 27, 2025

    China’s Iranian oil imports surge to record highs ahead of regional ceasefire

    China’s oil imports from Iran surged in June, reaching record levels as shipments accelerated ahead of the recent Iran-Israel conflict and independent Chinese refiners stepped up purchases, analysts said. According to ship-tracking firm Vortexa, China …

    Source: Profit by Pakistan Today - Neutral
  • Published on Jun 27, 2025

    UAE Supply Cut Prompts Murban Derivatives Losses for Oil Majors

    A decision by Abu Dhabi National Oil Company to slash July shipments of its flagship Murban crude has led to significant trading losses for equity partners hedging their positions, with estimates reaching $12 per barrel. The move stunned major stakeholders …

    Source: Arabian Post - Pending
  • Published on Jun 27, 2025

    First MVM-MOL Oil Shipment Diversifies Regional Energy Supply

    The first joint shipment of Azerbaijani crude oil by the MVM Group and the MOL Group has successfully arrived at the Croatian port of Omišalj. The tanker unloaded 92,000 tons of Azeri Light crude oil from the Caspian Sea region, Hungarian oil and gas …

    Source: Hungary Today - Right-wing
  • Published on Jun 27, 2025

    Rising Global Supply Outweigh U.S. Demand Strength

    Crude oil markets endured a sharp four-day selloff from June 22-26, driven by collapsing geopolitical risk premiums and mounting global supply. The steep decline wiped out nearly all the gains from mid-June’s heightened Middle East tensions, as traders …

    Source: Oil Price - Neutral
  • Published on Jun 27, 2025

    'Teapot' refineries & ghost tankers: China's playbook for dodging U.S. sanctions on Iran oil

    China has quietly ramped up its imports of Iranian oil, using shadowy shipping tactics and independent “teapot” refineries to work around aggressive U.S. sanctions, according to data provided by CNBC. Despite the sanctions aimed at cutting off Tehran’s …

    Source: Cryptopolitan - Indeterminate
  • Published on Jun 27, 2025

    First joint crude oil shipment arrived as part of MVM-MOL Cooperation

    The first joint shipment of Azeri crude oil has arrived at the port of Omišalj on the Adriatic coast as a result of the cooperation between MVM Group and MOL Group. he tanker delivered 92 000 t of Azeri Light crude oil from the Caspian region, having …

    Source: Tanks and Terminals - Pending
  • Published on Jun 27, 2025

    Iran’s June oil exports to China surge as demand rises - Reuters

    Iranian oil exports to China surged in June, reaching record highs as shipments accelerated and independent Chinese refineries stepped up purchases, Reuters reported on Friday. From June 1 to 20, China imported over 1.8 million barrels per day (bpd) of …

    Source: Iran International - Indeterminate
  • Published on Jun 27, 2025

    China's Iran Oil Imports Surge in June on Rising Shipments, Teapot Demand

    China's Iranian oil imports surged in June as shipments accelerated before the recent conflict in the region and demand from independent refineries improved, analysts said. The world's top oil importer and biggest buyer of Iranian crude brought in …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on Jun 26, 2025

    Minority demands PURC justify 2.45% tariff hike amid declining economic indicators

    The Minority in Parliament has called out the Public Utilities Regulatory Commission (PURC) over its decision to increase electricity tariffs by 2.45 per cent, effective 1st July 2025, demanding full justification for the move in light of falling …

    Source: Joy FM - Indeterminate
  • Published on Jun 26, 2025

    Milestone shipment of crude oil from Azerbaijan has arrived to the Adriatic

    The first joint shipment of Azeri crude oil has arrived at the port of Omišalj on the Adriatic coast as a result of the cooperation between the Hungarian power company MVM Group and the Hungarian oil company, MOL Group. The arrival of the tanker, carrying …

    Source: CEENERGYNEWS - Indeterminate
  • Published on Jun 26, 2025

    Electricity tariffs to go up 2.45% July 1

    The Public Utilities Regulatory Commission (PURC) has announced a 2.45 percent upward adjustment in electricity tariffs across board, effective July 1, 2025. However, water tariffs remain unchanged for the third quarter of the year. According to a …

    Source: Business and Financial Times - Pending
  • Published on Jun 26, 2025

    Electricity tariffs to go up by 2.45% effective July 1 – PURC

    The Public Utilities Regulatory Commission (PURC) has announced a 2.45% increase in electricity tariffs for all categories of consumers. The new tariffs will take effect from July 1, 2025. According to the PURC, the tariff adjustments are undertaken on a …

    Source: 3News.com - Indeterminate
  • Published on Jun 27, 2025

    Azeri Light oil prices rise at Augusta and Ceyhan Ports

    Azeri Light oil prices rise at Augusta and Ceyhan Ports 27 June 2025 11:02 (UTC+04:00) The price of Azerbaijan’s “Azeri Light” crude oil increased at major regional ports, Azernews reports, citing market sources. Access to paid information is limited Find …

    Source: AzerNews - Gov't Propaganda
  • Published on Jun 26, 2025

    Why Korea keeps relying on oil from the Middle East

    Published: 26 Jun. 2025, 10:57 S-Oil's Ulsan plant [S-OIL]   Every time geopolitical tensions push up oil prices — like the recent Israel-Iran war — talk of diversifying Korea’s crude oil imports resurfaces. But despite decades of warnings, the country …

    Source: Korea JoungAng Daily - Center-right
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  • Published on June 29, 2025 - 13:53 GMT

    Egypt states plan to continue with natural gas deliveries

    (MENAFN) Egypt announced plans to resume natural gas deliveries to several factories starting Friday, after recent disruptions caused by the conflict between Israel and Iran, according to statements from the country’s Prime Minister Mostafa Madbouly. …

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  • Published on June 29, 2025 - 13:53 GMT

    India Boosts Russian Coal Imports

    (MENAFN) India significantly raised its purchases of Russian thermal coal in May, reaching a two-year peak of 1.3 million tons, as reported by a business newspaper on Friday. This surge was mainly attributed to "flexible pricing" and the superior …

    Distribution channels: ...
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