August 5, 2020
Oil demand in Asia Pacific might be expected to plunge 1.8m barrels per day (bpd) this year, but there are still strong prospects for growth...
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Oil
August 4, 2020
Venezuela exported about 388,100 barrels per day of crude and fuel in July, almost unchanged versus the previous month, as U.S. sanctions on PDVSA continued...
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July 29, 2020
Asia will import record volumes of U.S. crude oil this month, with China leading the way, but the surge is more likely a short-term blip...
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July 28, 2020
In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant Equinor ASA was busy doing the opposite of...
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July 27, 2020
China’s crude oil imports from Saudi Arabia rose 15% in June from a year ago, as refiners ordered record volumes of the fuel in March...
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July 23, 2020
The narrowing contango for Singapore Marine Fuel 0.5%S may compel traders to offload stocks, as monthly contango is not wide enough to cover their storage...
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July 21, 2020
Chevron Corporation announced that it has entered into a definitive agreement with Noble Energy, Inc. to acquire all of the outstanding shares of Noble Energy...
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July 20, 2020
Unwanted and cheap was the expectation many had for European high sulfur fuel oil after IMO 2020 took effect, but this scenario has failed to...
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July 14, 2020
Saudi Arabia’s oil exports in August will remain the same as in July as the extra barrels the kingdom is set to pump next month...
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July 14, 2020
U.S. sanctions have driven Venezuela’s oil exports to their lowest levels in nearly 80 years, starving President Nicolas Maduro’s socialist government of its main source...
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July 14, 2020
The oil market is getting closer to balance as demand gradually rises, OPEC’s secretary general said on Monday, two days before the group and ally...
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July 10, 2020
A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and a new surge...
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July 8, 2020
Fresh floating storage inquiries for clean tankers in recent weeks reflect charterer appetite to take advantage of rock bottom clean tanker rates, though presumptions of...
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July 6, 2020
Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as...
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July 3, 2020
Goldman Sachs said on Thursday a pick-up in commuting, a shift to private transportation and government efforts to improve economies with higher infrastructure spending should...
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