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Will Banking Fears Force Middle East Producers To Cut Prices?

While there’s no indication that OPEC+ will jointly act to lower production in response to the banking fears, individual OPEC producers may decide to cut OSPs next month

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Middle East Producers Cannot Afford To Significantly Hike Oil Prices

Several Middle East producers hiked their OSPs for March delivery, and as producers remain cautious, so does OPEC

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Italy increases oil imports 12% in Dec to 5 5 mln tonnes, Russia no longer a supplier

Italy increases oil imports 12% in Dec to 5 5 mln tonnes, Russia no longer a supplier
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Why Middle East Producers Cut Prices In The Face Of Soaring Chinese Oil Demand

There are several bullish factors that should push oil prices higher in 2023, and one of the principal ones is soaring Chinese demand

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Asians are buying up Russian Arctic oil

Asians are buying up Russian Arctic oil
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