China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following the dismantling of COVID-19 controls and as a result of new refineries coming onstream, analysts said. Rea...  +

China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following the dismantling of COVID-19 controls and as a result of new refineries coming onstream, analysts said. Rea...  +

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...  +

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...  +

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...  +

Oil prices on Friday maintained their gradual downward trajectory and contributed to a decline for the week, based on the familiar concerns of what U.S. rate hikes will do to the economy as well as earlier reports of growing inventories....  +

In a statement sent to Rigzone, Alex Kavouris, a lead oil analyst at FGE, has outlined damage caused to oil and gas facilities as a result of the recent earthquakes affecting Turkey and Syria. Read Article  +

In a statement sent to Rigzone, Alex Kavouris, a lead oil analyst at FGE, has outlined damage caused to oil and gas facilities as a result of the recent earthquakes affecting Turkey and Syria. Read Article  +

Oil prices on Friday maintained their gradual downward trajectory and contributed to a decline for the week, based on the familiar concerns of what U.S. rate hikes will do to the economy as well as earlier reports of growing inventories....  +

Nigeria is still struggling to find buyers for its oil as strikes at French refineries and seasonal maintenance at plants elsewhere in Europe curb demand. Read Article  +