In recent months, both China and India have showcased distinctive trends in their oil import strategies, reflecting broader shifts in the Asian energy landscape.
June 24, 2024
Demand optimism from the previous week continued while geopolitical issues in Europe and the Middle East prompted concerns about potential supply disruptions.
June 24, 2024
Iran's Petroleum Minister Jawad Owji declared that the US could no longer hinder Iran's oil production and exports.
June 23, 2024
In recent updates from industry leaders and analysts, the oil market has seen varied sentiments and forecasts.
June 22, 2024
Recent developments in the US crude oil market highlight significant shifts in both production and export volumes.
June 22, 2024
The UK's oil industry is at a critical juncture, with projections indicating a significant decline in production unless substantial investments, totaling around £20B, are secured by the end of the decade.
June 22, 2024
Continued opposing future views of the global oil market flare up again as IEA's latest downward revision sparks OPEC criticism amid oil market volatility.
June 17, 2024
Upbeat forecasts for demand growth in 2024 and 2025 bolstered futures prices.
June 17, 2024
Canadian oil executives from companies like Cenovus Energy, Enbridge, Imperial Oil, Shell, and Suncor have strongly criticized a proposed cap on carbon dioxide emissions from the country's oil and gas production.
June 16, 2024
The South Pacific's government is planning to overturn the ban on new oil and gas exploration imposed in 2018, aiming to address energy security challenges posed by declining natural gas reserves.
June 16, 2024
