It has been over two months since the European Union (EU) ban on Russian crude oil[i] entered into force, triggering friction in oil markets and petroleum supply chains. The ban takes effect against major uncertainties, especially the sp...  +

It has been over two months since the European Union (EU) ban on Russian crude oil[i] entered into force, triggering friction in oil markets and petroleum supply chains. The ban takes effect against major uncertainties, especially the sp...  +

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  +

China has ramped up its oil purchases as an expected recovery in the nation’s crude consumption gathers pace following the end of its strict Covid Zero policy, boosting optimism in the outlook for global demand. Read Article  +

Motorists are in line for savings after the price of diesel at UK pumps fell to its lowest level since just after Vladimir Putin’s invasion of Ukraine. Read Article  +

Motorists are in line for savings after the price of diesel at UK pumps fell to its lowest level since just after Vladimir Putin’s invasion of Ukraine. Read Article  +

China has ramped up its oil purchases as an expected recovery in the nation’s crude consumption gathers pace following the end of its strict Covid Zero policy, boosting optimism in the outlook for global demand. Read Article  +

Filling up with diesel could become more expensive again in the near future. This is due to a European import ban that came into force this weekend. Much of Europe's diesel fuel was still sourced from Russia in recent months. Nevertheles...  +

Filling up with diesel could become more expensive again in the near future. This is due to a European import ban that came into force this weekend. Much of Europe's diesel fuel was still sourced from Russia in recent months. Nevertheles...  +

For decades, a steady stream of ocean tankers has filed back and forth between a small cluster of ports in northwest Europe and the Baltic Sea. Read Article  +