TOKYO / SEOUL / Reuters Iranian exports of ultra-light crude oil known as condensate are set to fall to a five-month low in October, with supplies to its largest buyer South Korea cut by half, a source with knowledge of Iran’s preliminary tanker schedule said on Friday. That comes after six industry sources said on Tuesday that the National Iranian ...

VIENNA / Reuters Nigeria is pumping less than 1.8 million barrels per day (bpd) of crude, its oil minister said, meaning the country is sticking to an output cap agreed under an OPEC-led deal to limit output. The Organization of the Petroleum Exporting Countries and other producers, including Russia, are reducing crude output until next March in an attempt to ...

Bloomberg US stocks of distillate fuel oil, which have been trending downwards all year, now look tight following disruption to major refineries caused by Hurricane Harvey. The position is a marked turnaround from the start of the year, when distillate stocks were at record levels following the second warm winter in a row and a prolonged slowdown in freight movements ...