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.
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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...
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Nigerian Economy Grows Faster Than Expected Driven by Non-Oil Sector
February 22, 2023
Nigeria’s economy grew faster than expected in the fourth quarter, driven by growth in the non-oil sector.
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Nigerian Economy Grows Faster Than Expected Driven by Non-Oil Sector
February 22, 2023
Nigeria’s economy grew faster than expected in the fourth quarter, driven by growth in the non-oil sector.
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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...
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Russian Oil Flows to China Hit Highest Levels Since Ukraine Invasion
February 21, 2023
Russian exports of discounted crude and fuel oil to China have jumped to record levels as the re-opening of the world’s biggest energy importer gathers pace after the dismantling of Covid Zero.
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Russian Oil Flows to China Hit Highest Levels Since Ukraine Invasion
February 21, 2023
Russian exports of discounted crude and fuel oil to China have jumped to record levels as the re-opening of the world’s biggest energy importer gathers pace after the dismantling of Covid Zero.
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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...
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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...
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Analysis: Gas shortage exposes fragile South Asian economies to more pain
February 20, 2023
With a little over a month to go for peak shopping season during Ramadan, the head of Pakistan's retail industry body is shuttling between meetings, pressing officials to relax orders that forced malls to shut by 8.30 p.m. to save energy...
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