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Gasoline margin eases as Fujairah stocks swell
February 23, 2023

Asia’s gasoline refining profit margin declined on Wednesday as Fujairah inventories swelled, although sentiment remained positive amid lower shipments from China and robust demand from Indonesia, traders said. Read Article  +

Iran's Oil Exports on Track to Reverse Decline
February 22, 2023

Iran's February oil exports appear to be on course to reverse a decline over the previous two months, amid hopes of a recovery in Chinese demand and Russia's decision to cut output by 500,000 barrels per day in March. [Article Behind Pay...  +

Iran's Oil Exports on Track to Reverse Decline
February 22, 2023

Iran's February oil exports appear to be on course to reverse a decline over the previous two months, amid hopes of a recovery in Chinese demand and Russia's decision to cut output by 500,000 barrels per day in March. [Article Behind Pay...  +

IEA raises global oil demand forecast again
February 20, 2023

Chinese crude consumption is under the spotlight. Markets are again looking towards Beijing, the world’s top crude importer, for direction. With COVID-19 restrictions gone, China is on the move – defining the global energy dynamics. Rea...  +

China Optimism Comes To Fore Again And Boosts Oil By Over 1%
February 20, 2023

After spending most of last week eclipsed by analytical worries over the notion of central banks hiking interest rates and possibly ruining demand, China - or, specifically, its post-lockdown potential for a huge resurgence in activity a...  +