newsAugust 3, 2023Russia’s Oil Products Still Evade Price CapThe price cap on Russian crude oil products isn’t as effective as the implementers intended, [...]Read more
newsJuly 24, 2023Asia Snapping Up U.S. Crude Oil In Near Record AmountsAsia has scheduled near-record volumes of U.S. crude oil to be shipped next month, according to trade [...]Read more
newsJuly 18, 2023Oil Demand Jumped By 3 Million Bpd In May To Near-Record LevelsThe world’s oil demand jumped by more than 3 million barrels per day (bpd) in May compared to April, [...]Read more
newsJune 23, 2023Oil Prices Fall As Fears Of A Global Economic Slowdown GrowCrude oil prices extended a slide that began earlier this week as fears of a global slowdown [...]Read more
newsJune 22, 2023U.S. Crude Oil Inventories See Bigger Dip Than ExpectedCrude oil inventories in the United States decreased this week by 1.246 million barrels, the American [...]Read more
newsJune 21, 2023Crude oil prices may rise as Saudi output cuts kick in but remain range-bound: ExpertsCrude oil prices are expected to rise after Saudi Arabia cuts production from July, but they are [...]Read more
newsJune 20, 2023Russia’s Crude Oil Processing Hits New HighsRussian refineries processed 5.49 million b/d of crude in the week spanning June 8-14, a 2-month [...]Read more
newsJune 17, 2023Russia Sees $80 Oil Price As Realistic This YearIt is realistic to believe that oil prices could reach $80 per barrel this year, it is an achievable [...]Read more
newsJune 16, 2023U.S. Crude Trading At Big Discount To Dubai OilHeavy trading in Dubai oil has lifted its premium to WTI crude to its highest since late March, a [...]Read more
newsJune 15, 2023IEA: Global Oil Demand Will Peak Before The End Of The DecadeThe Paris-based International Energy Agency (IEA) has predicted that global oil demand will peak [...]Read more