The world’s physical oil market is running hot, offering a boost to bulls. Read Article  +

European refiners are planning to send more diesel than usual to the U.S., where inventories of the fuel are low and a cold snap has gripped the Northeast, boosting demand for heating fuels. Read Article  +

Some of Asia’s biggest producers of the building blocks used to make plastic are cutting processing rates after a robust expansion of capacity last year led to rising feedstock costs and weakening profit margins. Read Article  +

Some of Asia’s biggest producers of the building blocks used to make plastic are cutting processing rates after a robust expansion of capacity last year led to rising feedstock costs and weakening profit margins. Read Article  +

A decision by OPEC+ to stick to a planned hike in production next month has given confidence to oil markets about the impact of omicron on demand, but not all analysts are anticipating that will follow through into higher prices this yea...  +

A decision by OPEC+ to stick to a planned hike in production next month has given confidence to oil markets about the impact of omicron on demand, but not all analysts are anticipating that will follow through into higher prices this yea...  +

The UAE's Fujairah port, which is coming off a record year in terms of liquid bulk throughput, is closer to a major expansion of its crude oil storage capacity in 2022 at the same time refineries are planning additions, while container s...  +

The UAE's Fujairah port, which is coming off a record year in terms of liquid bulk throughput, is closer to a major expansion of its crude oil storage capacity in 2022 at the same time refineries are planning additions, while container s...  +

Chinese authorities have granted 11 percent lower crude import quotas to independent refiners in the world’s top oil importer in the first batch of quota allowances for 2022. Read Article  +

Chinese authorities have granted 11 percent lower crude import quotas to independent refiners in the world’s top oil importer in the first batch of quota allowances for 2022. Read Article  +