Slovak refinery Slovnaft is poised to continue its diesel exports to the Czech market despite the upcoming Jun. 5 expiry of an EU exemption that allowed it to export products derived from Russian oil.
May 31, 2025
The global oil market is currently navigating a complex landscape shaped by fluctuating demand from Asia, the potential lifting of US sanctions on Iran, and the strategic positioning of major oil producers.
May 25, 2025
Indonesia's state energy firm, Pertamina, is strategically diversifying its crude oil imports, balancing sanctions-compliant Russian crude with a potential increase in US oil and gas supplies.
May 25, 2025
Japan's ambition to reduce its heavy reliance on Middle Eastern crude imports faces significant hurdles due to OPEC+'s decision to increase output.
May 18, 2025
South Korea's refining industry faces a complex situation due to OPEC+'s increased crude oil production.
May 10, 2025
US Trump Administration targeting Chinese independent refineries, known as
May 10, 2025
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
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
Turkey's primary oil refining company, Tupras, has recommenced the purchase of Russian Urals crude oil following a brief cessation earlier in 2025 that was triggered by US sanctions imposed on Moscow.
April 19, 2025
China's independent refineries (aks teapots) are anticipated to significantly decrease their imports of Venezuelan crude oil in Apr. as US secondary sanctions take effect
April 12, 2025
