tag Crude Supply

Oil Prices Steady as Coronavirus-Related Demand Concerns Weigh

EghtesadOnline: Oil prices changed little Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output cuts from major producers will tighten crude supply.
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Publish Date:19/February/2020 | 05:01

Japan Weighs Alternative Crude Supply Without Transiting Strait of Hormuz

EghtesadOnline: Japanese refiners have started weighing alternative crude supply sources that would not need to transit through the Strait of Hormuz, including from the Red Sea side in Saudi Arabia, West Africa and the US, amid rising tensions in the region, Petroleum Association of Japan President Takashi Tsukioka said Friday.
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Publish Date:22/June/2019 | 11:48