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OPEC+ Unlikely To Announce Additional Oil Output Cuts
The OPEC+ group is not expected to announce another round of oil production cuts when ministers meet [...]
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Asian Oil Imports Set For A Rebound In May
Crude oil imports into Asia this month are expected to rise by 8.6% on the month as refineries in [...]
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Market Data Suggest Russia Isn’t Cutting Oil Production As Promised
Oil shipments out of Russia haven’t dropped in recent months despite the Russian pledge to cut [...]
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Sinopec Enters Sri Lanka Retail Fuel Market
Sri Lanka signed Monday a deal with China Petroleum & Chemical Corp. (Sinopec) adding it to the [...]
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Iraq Oil Output Continues To Fall Amid Turkey Spat
Oil production in Iraq’s semi-autonomous Kurdistan Regional Government (KRG)-ruled region has [...]
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Low-Quality Crude Sees Mysterious Price Rally
Middle Eastern oil producers are raising the export prices for their lower-grade crudes, Bloomberg [...]
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Crude oil weakens on weak Chinese trade data; U.S. inflation data due
Oil prices fell Tuesday, handing back some of hefty gains over the previous two sessions after [...]
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Saudi Arabia Cuts Price Of Oil To Asia
Saudi Arabia has cut the official selling price (OSP) for its Arab Light crude oil to Asia, sources [...]
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Oil Prices Continue To Slip Even As Crude Oil Inventories Decline
Crude oil inventories in the United fell this week by 3.939 million barrels, the American Petroleum [...]
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Private Refiners Corner 46% of Cheap Indian Crude Imports from Russia
For the fifth consecutive month in April, India remained the largest buyer of seaborne Russian crude [...]
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