Global Oil Market Weekly Highlights

REFINERY CRUDE PROCUREMENTS
Geopolitical Shifts and Economic Incentives: Reliance and Sinopec's Increased Russian Oil Purchases
India's crude oil import landscape underwent a significant shift in the fiscal year 2024-2025, with OPEC's market share falling to an all-time low, below 50%.
April 27, 2025
REFINERY CRUDE PROCUREMENTS
Taiwan's Tariff Strategy: Pledging Increased US Energy Imports and Seeking Alternative Crude Supplies
Taiwanese President Lai Ching-te announced that Taiwan intends to increase its imports of US oil and gas as a key aspect of tariff negotiations with the Trump Administration.
April 27, 2025