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Page 19 - ஆக்ஸ்ஃபர்ட் நிறுவனம் க்கு ஆற்றல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A Surge in Iranian Oil Exports Is Clogging Up Chinese Ports

A Surge in Iranian Oil Exports Is Clogging Up Chinese Ports
tankterminals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tankterminals.com Daily Mail and Mail on Sunday newspapers.

Iranian oil exports to China expected to hit record high in March | Hellenic Shipping News Worldwide

Iranian oil exports to China expected to hit record high in March Iranian crude oil exports to China are surging and expected to hit record highs in March despite the U.S. sanctions on the country’s oil industry. Chinese imports of Iranian crude oil are expected to hit 856,000 barrels a day in March, the most in almost two years and up 129 percent from last month, Bloomberg reported quoting traders and analysts. As reported, Iranian shipments to the province of Shandong, which accounts for a quarter of China’s refining capacity, have surged so much this month they’re causing congestion at ports and filling up storage tanks.

How a Hasty Move to Change the World s Key Oil Price Unraveled – gCaptain

How a Hasty Move to Change the World s Key Oil Price Unraveled – gCaptain
gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.

How a hasty move to change the world s key oil price unravelled

(March 13): How do you measure the value of the world’s most important commodity? It’s a conundrum that brought uproar in the oil market over the past few weeks after S&P Global Platts, the company that publishes the world’s key crude price, announced on Feb 22 that it was going to radically change the very nature of that benchmark, known as Dated Brent. Just nine days after announcing its ambitious overhaul, which had been meant to begin in June 2022, Platts was forced to apologize to the market for the suddenness of the move. A week later it went a step further: the changes would be shelved for an as-yet-undefined period.

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