Wednesday, August 14, 2024
China issues first 2020 fuel export quotas, up 53% from year ago

China issues first 2020 fuel export quotas, up 53% from year ago

Reuters SINGAPORE – China has raised the volumes of its first batch of 2020 fuel export quotas by 53% from a year earlier to 27.99 million tonnes, according to a document from the Ministry of Commerce that was reviewed by Reuters on Tuesday. The new quotas will be shared among five state oil companies, PetroChina, Sinopec, China National Offshore Oil

Saudi economy contracts 0.46% in third quarter as oil output slumps- oil and gas 360

Saudi economy contracts 0.46% in third quarter as oil output slumps

Reuters DUBAI – Saudi Arabia’s economy contracted by 0.46% in the third quarter from a year earlier, hit by a drop in oil output as the de facto leader of the Organisation of Petroleum Exporting Countries (OPEC) cut production, government data showed on Tuesday. Oil sector output declined 6.43%, but non-oil output grew 4.33%, led by private sector activity, the

Premium Content

  • Analytics: Data,
    Dashboards, Knowledge
  • EnerCom Conference Replays
  • Exclusive Video Interviews