newsJune 2, 2023OPEC+ Unlikely To Announce Additional Oil Output CutsThe OPEC+ group is not expected to announce another round of oil production cuts when ministers meet [...]Read more
newsMay 29, 2023Asian Oil Imports Set For A Rebound In MayCrude oil imports into Asia this month are expected to rise by 8.6% on the month as refineries in [...]Read more
newsMay 27, 2023Market Data Suggest Russia Isn’t Cutting Oil Production As PromisedOil shipments out of Russia haven’t dropped in recent months despite the Russian pledge to cut [...]Read more
newsMay 24, 2023Sinopec Enters Sri Lanka Retail Fuel MarketSri Lanka signed Monday a deal with China Petroleum & Chemical Corp. (Sinopec) adding it to the [...]Read more
newsMay 23, 2023Iraq Oil Output Continues To Fall Amid Turkey SpatOil production in Iraq’s semi-autonomous Kurdistan Regional Government (KRG)-ruled region has [...]Read more
newsMay 13, 2023Low-Quality Crude Sees Mysterious Price RallyMiddle Eastern oil producers are raising the export prices for their lower-grade crudes, Bloomberg [...]Read more
newsMay 10, 2023Crude oil weakens on weak Chinese trade data; U.S. inflation data dueOil prices fell Tuesday, handing back some of hefty gains over the previous two sessions after [...]Read more
newsMay 6, 2023Saudi Arabia Cuts Price Of Oil To AsiaSaudi Arabia has cut the official selling price (OSP) for its Arab Light crude oil to Asia, sources [...]Read more
newsMay 3, 2023Oil Prices Continue To Slip Even As Crude Oil Inventories DeclineCrude oil inventories in the United fell this week by 3.939 million barrels, the American Petroleum [...]Read more
newsApril 28, 2023Private Refiners Corner 46% of Cheap Indian Crude Imports from RussiaFor the fifth consecutive month in April, India remained the largest buyer of seaborne Russian crude [...]Read more