Asia’s naphtha refining profit margin dropped once again on Monday, after briefly pausing last week, due to oversupply concerns amid poor demand, market sources said. Read Article  +

Asia’s naphtha refining profit margin dropped once again on Monday, after briefly pausing last week, due to oversupply concerns amid poor demand, market sources said. Read Article  +

On Thursday, June 2, Beijing time, oil prices fell by more than 3% after OPEC+ unexpectedly announced at the latest ministerial meeting that it would increase production by 684,000 barrels per day. [Article in Chinese, translation availa...  +

On Thursday, June 2, Beijing time, oil prices fell by more than 3% after OPEC+ unexpectedly announced at the latest ministerial meeting that it would increase production by 684,000 barrels per day. [Article in Chinese, translation availa...  +

Negative fallout from the Organization of the Petroleum Exporting Countries' (OPEC) plan to minimally increase output continued on Friday and this combined with expectations of an even tighter market as China eases its Covid lockdowns ca...  +

OPEC+’s hotly anticipated output meeting on Thursday underwhelmed the market, with oil prices closing up after the decision. Read Article  +

OPEC+’s hotly anticipated output meeting on Thursday underwhelmed the market, with oil prices closing up after the decision. Read Article  +

Negative fallout from the Organization of the Petroleum Exporting Countries' (OPEC) plan to minimally increase output continued on Friday and this combined with expectations of an even tighter market as China eases its Covid lockdowns ca...  +

A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of the war in Ukraine. Read Article  +

A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of the war in Ukraine. Read Article  +