The price of base oil has increased ....
3 Jul 2022, 13:41
The price of base oil has increased as many of its buyers compete to buy oil outside the region.
Baltic bitumen slowed
28 Jun 2022, 12:35
Baltic bitumen slowed as the Orlen Mazeikiai refinery in Lithuania continued to close.....
China, Real winner of Russia Crisis
27 Jun 2022, 06:48
Opportunity-seeking and supply of Russian fossil fuels during the first 100 days of the war
Chinese oil was hunted by the Chinese
13 Jun 2022, 09:54
Oil prices fell on Friday as consumer prices in the United States rose more than expected and China took new steps to quarantine COVID-19.
Brent crude fell from $2 to $121.36 a barrel. West Texas Intermediate fell from $1.6 to $120 a barrel.
Oil prices fell with Wall Street stocks following news of accelerating inflation in the United States in May. Gasoline prices have hit record highs and food prices have
OPEC+ Forced To Reschedule Meeting As Disagreements Persist
1 Dec 2020, 15:30
The OPEC meeting ended on Monday without an agreement among its members regarding the production cuts next year. Instead, the meeting ended with three of its heavyweights—Russia, Saudi Arabia, and the UAE—holding different opinions as to how to handle things going forward.
U.S. To Blacklist Chinese Oil Giant Due To Military Ties
30 Nov 2020, 19:08
The United States government is set to add Chinese state oil company CNOOC to a blacklist of companies with ties to the Chinese military, Reuters has reported, citing sources and a document.
Oil prices slide as coronavirus spreads
20 Feb 2020, 21:48
Coronavirus: China shares in biggest fall in four years
19 Feb 2020, 21:46
Oil and gas industry outlines its plans to reach net zero emissions
18 Feb 2020, 21:43
Coronavirus and oil: Why crude has been hit hard
16 Feb 2020, 21:36