Sara Wagenknecht, the founder of Germany’s ultra-left party BSW, has proposed lifting the embargo on Russian oil if her party gains influence in Brandenburg’s state government.
August 25, 2024
The Trans Mountain Expansion (TMX) pipeline has enhanced the economic viability of Canadian crude exports to East China, particularly Access Western Blend (AWB).
August 18, 2024
The major OPEC+ producer’s oil exports by sea increased to an average of 3.19MM b/d in the four weeks ending Aug. 11, marking a rebound from their lowest level in 11 months.
August 18, 2024
The North Asia country has achieved a historic milestone in its oil imports, reaching a record high of nearly 85MM bbl. of US crude in the first half of 2024.
August 03, 2024
Mexico's crude oil production, currently at around 1.8MM b/d, is anticipated to decline significantly by 2030 due to depleting mature fields.
July 28, 2024
China's oil import landscape in the first half of 2024 reflects a complex interplay of geopolitical considerations and economic realities.
July 28, 2024
Asia's major refiners are increasingly turning to Canada's Trans Mountain Expansion (TMX) pipeline for crude supplies, marking a significant shift in regional sourcing strategies.
July 21, 2024
Russian seaborne crude exports have experienced a significant downturn in recent weeks, dropping to their lowest levels since Jan. 2024.
July 21, 2024
Recent developments highlight significant shifts in global oil dynamics, notably affecting African producers and Asian importers. Angola, once China's second-largest oil supplier, has seen its ranking plummet to eighth place by last year.
July 21, 2024
The Trans Mountain Expansion (TMX) pipeline is set to implement significant changes to quality regulations for heavy crude effective Sept. 1, following industry feedback.
June 29, 2024
