Tag: crude
A Planned Price Cap on Russian Oil?
OPEC+ agrees major cuts to production quotas
Urals currently trading at discount of around $25
Russian Deputy Prime Minister Alexander Novak said Oct. 5...
Oil Jumps About $4 As OPEC+ Weighs Biggest Output Cut
Oil prices jumped nearly $4 a barrel on Monday as OPEC+ considered reducing output by more than 1 million barrels per day (bpd) to...
China Oil Refiners Diversify Anticipating Tougher Emissions Regulations
Refineries boost investments in carbon capture, solar PV
Emissions regulations likely to curb products exports
Carbon market rollout in refining, petrochemicals remains unknown
China's...
UAE’s ADNOC To Supply Germany With LNG And Diesel Cargoes
The UAE's Abu Dhabi National Oil Co. will supply German companies with LNG and diesel cargoes in 2022 and 2023 as Europe's biggest oil...
Russia’s Partial Mobilization Increasing Energy Sanctions Risks
Sanctions having major impact on commodity flows, prices
G7 countries set to finalize price cap for Russian crude
Russia's declaration of a partial mobilization...
China Crude Fell To A 28 Month Low In July
China's crude throughput fell to a 28-month low of 12.58 million b/d in July, depicting a surprise 6.3% month-on-month decline against a rise expected...
European Refiners Try To Optimize Amid Gas Crisis, North Sea Decline
Europe's oil refiners are grappling with the combined impact of North Sea decline and rocketing prices for natural gas used in their operations, even...
Should Investors Bet on A Steep Drop in The Oil Price?
Expect steep drops in oil prices as demand for gasoline falls and supply rises, a Citi strategist said.
"The market is no longer...
China’s Numerous Technological Achievements in The Maritime
China made multiple technological breakthroughs in the marine industry this year, witnessing steady throughput growths of domestic ports in July, industrial data showed Wednesday,...
Crude Oil Futures Rebound after Overnight Plunge
Crude oil futures were higher in mid-morning Asian trade Aug. 4, rebounding from five-month lows after bearish US oil data and supply increases from...