Tag: crude
Oil Market Will ‘Flip To Being Undersupplied’ in Coming Months
The imbalance between oil supply and demand is likely to reverse going into the summer, says one analyst, reports Yahoo.
Over supply
"Currently, the global oil...
OPEC+ New Move Slashes Oil Tanker Rates
Benchmark rates for oil-carrying supertankers have collapsed as OPEC+ follows through on a surprise vow to slash supply to shore up prices, reducing volumes...
Crude Oil Is Likely To Move Down To The 73,03 Level
An uptrend will start as soon, as the market rises above resistance level 76,80, which will be followed by moving up to resistance level...
US Sees Need For New Gas Investments in Light Of Russia...
US DOE says price cap on Russian crude, products 'totally working'
Others can catch up to China on critical minerals with cooperation
The world...
Exxon’s New Crude Unit in Beaumont, Texas
According to those familiar with plant operations, Exxon Mobil Corp. XOM.N recently finished the launch of a new $2 billion crude distillation unit (CDU)...
Fuel-Tanker Demand Explodes as China and the Middle East Process More...
The global oil-refining complex's centre of gravity is moving dramatically eastward, which is causing a boom in the industry of building ships to transport...
Saudi Aramco Boosts China Investment With Two Refinery Deals
Saudi Aramco raised its multi-billion dollar investment in China by finalising and upgrading a planned joint venture in northeast China and acquiring an expanded...
Oil Rises Over $3 on Kurdistan Export Halt
Turkey halts pipeline exports; Iraqi Kurdistan output at risk
First Citizens agrees to acquire failed SVB
Putin escalates tensions with nuclear arms talk
...
Brent Plunge Fails To Displace Russian Crude For Asian Buyers
Middle East crude prices in Asia appear to be resilient
A tighter EFS typically means Brent-linked crude produced in the Atlantic Basin, including...
India to Dubai, Tanker Giants Sprout from Nowhere To Keep Russian...
The two locations are listed on an international maritime database
Both firms have numerous ships in their fleets covered by one of the...