The conflict in Ukraine has sent shockwaves through the global oil markets, resulting in significant changes in the trade dynamics between Russia and Europe.
September 10, 2023
In a remarkable feat, the Gulf Coast region has witnessed an unprecedented surge in crude oil exports, with a staggering 4.8MM b/d loaded onto tankers during the week ending August 25..
September 10, 2023
Russia has embarked on a new venture to expand its crude oil market by shipping its first cargo to Brazil, aiming to diversify its buyer base.
September 10, 2023
The Brent crude oil market has undergone a significant transformation with the introduction of WTI Midland crude, enhancing its ability to accurately represent the light sweet crude oil market in the Atlantic Basin.
September 03, 2023
The Ukraine war has wrought significant changes for China's independent refiners (also called teapots), primarily characterized by a steep rise in the share of Russian crude oil.
September 03, 2023
China's oil-market dynamics are witnessing significant shifts as Iranian crude exports surge to 4.5-year highs, offering an alternative to the popular Russian ESPO Blend grade.
August 28, 2023
The country's imports of Iranian crude oil are set to surge to a decade high in Aug.
August 22, 2023
The Asian sour-crude market is tightening as Kuwait reduces exports to bolster its new 615K-b/d Al-Zour refinery.
August 21, 2023
A significant transformation has taken place in the global oil markets as the premium that Brent crude traditionally held over Dubai crude has reversed, now manifesting as a discount.
August 12, 2023
US crude exports witnessed a rise in June, driven by a notable increase in shipments to the Netherlands, a trend attributed to the inclusion of West Texas Intermediate (WTI) in the Dated Brent basket.
August 12, 2023
