#oil export

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Taxing exports would represent $5 billion for Ecopetrol: Bayón

Taxing exports would represent $5 billion for Ecopetrol: Bayón

Ecopetrol’s president, Felipe Bayón, assured that the tariff on crude oil exports under consideration under the tax reform would be between $4 and $5 billion per month for the company. The businessman explained that Ecopetrol exports about 80% of the hydrocarbons that leave the country, between 11 and 12 million barrels per month, mainly to Asian markets such as China, India, South Korea and also…

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Saudi Arabia Hikes Oil Prices Room for Record Discounts For Russian Crude

Saudi Arabia Hikes Oil Prices Room for Record Discounts For Russian Crude

Russia’s invasion of Ukraine has simultaneously both eased and complicated the task of Middle Eastern national oil companies. On the one hand, it had pushed the backwardation in the Brent even steeper, making any flows from Europe to Asia uneconomic, hence safeguarding the usual outlets for Saudi Arabia or Iraq. Simultaneously, the risk of seeing Russian supply sanctioned led to oil prices…

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Stop Fossil Fuel Exports

Gas and oil exports hurt our climate globally and communities locally. Big Oil gets the profits, while we pay the price. The Biden Administr

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Senators Markey, Merkley, Wyden, and Sanders Reintroduce Legislation to Ban U.S. Oil Exports | U.S. Senator Ed Markey of Massachusetts

Washington (April 23, 2021) –Senators Edward J. Markey (D-Mass.), Jeff Merkley (D-Ore.), Ron Wyden...

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UAE Sheikh Lays Claim to Oil Cargo US Says Is From Iran

UAE Sheikh Lays Claim to Oil Cargo US Says Is From Iran

Tensions in the Middle East have also mounted recently due to a spate of attacks on ships. London: The U.S. policy of stopping Iran from exporting oil suffered a setback after a United Arab Emirates sheikh laid claim to a cargo that Washington seized and alleged is from the Islamic Republic. A company controlled by the Emirate of Fujairah’s ruler told a U.S. court that the roughly 2 million…

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कोरोनावायरस महामारी के बीच मार्च तिमाही में सऊदी अरब का तेल निर्यात 22 फीसदी घटा, कुल वस्तु निर्यात भी 20.7 फीसदी गिरा

कोरोनावायरस महामारी के बीच मार्च तिमाही में सऊदी अरब का तेल निर्यात 22 फीसदी घटा, कुल वस्तु निर्यात भी 20.7 फीसदी गिरा

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पहली तिमाही में सऊदी अरब का वस्तु निर्यात 20.7 फीसदी घटकर 19,784.4 करोड़ रियाल रहा

कुल वस्तु निर्यात में तेल निर्यात का हिस्सा 77 फीसदी से घटकर 75.8 फीसदी पर आया

दैनिक भास्कर

Jun 08, 2020, 08:21 PM IST

नई दिल्ली. इस साल की पहली तिमाही (जनवरी-मार्च) में सऊदी अरब का तेल निर्यात 21.9 फीसदी या करीब 1.1 करोड़ डॉलर घट गया। यह बात सऊदी अरब के जनरल अथॉरिटी फॉर स्टैटिस्टिक्स ने सोमवार को कही।…

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Saudi Arabia Says It Will Raise Oil Exports to Record 10.6 Million Barrels Per Day

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Image for Representation.

This means the world’s top exporter, which already announced a sharp increase for April, will add at least 3.6 million bpd of additional supplies to the global market amid a production glut and low oil prices.

AFP Riyadh

Last Updated: March 30, 2020, 6:49 PM IST

Saudi Arabia said on Monday it will raise its oil exports to a record 10.6…

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