Europe, Africa crude market tightens on Red Sea disruptions, China demand
Crude oil market in Europe and Africa are reacting to Red Sea crisis by tightening the market
Source: thedailystar.net
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Europe, Africa crude market tightens on Red Sea disruptions, China demand
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Source: oilandgas360.com
Europe, Africa crude market tightens on Red Sea disruptions, China demand
The Brent crude market structure and some physical markets in Europe and Africa are reflecting tighter supply resulting partly from concern about shipping delays due to vessels avoiding the Red Sea,...
Source: marketscreener.com
Drawn by low prices, Chinese refiners hunt for oil to replenish stocks
Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half... -January 16, 2024 at 07:19 pm EST - MarketScreener
Source: marketscreener.com
Saudi oil price cut driven by weak market, not policy shift
Analysts and industry sources said the cut this time brought the price of Saudi crude into line with that of other producers
Source: theglobeandmail.com
Analysis: Saudi oil price cut driven by weak market, not policy shift, ET EnergyWorld
Saudi Energy Ministry: On Jan. 7, Saudi Arabia reduced the February official selling price (OSP) of its flagship Arab Light crude to Asia to the lowest level in 27 months. Asia is the kingdoms larget market, buying the bulk of Saudi crude.
Source: indiatimes.com
Saudi oil price cut driven by weak market, not policy shift
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Source: oilandgas360.com
Saudi oil price cut driven by weak market, not policy shift
LONDON: Saudi Arabias cut in official crude oil selling prices to Asia reflects weaker fundamentals of supply and demand, and does not imply a looming shift in OPEC+ policy or a fight for market...
Source: thenews.com.pk
Drawn by low prices, Chinese refiners hunt for oil to replenish stocks
SINGAPORE : Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half of 2024, trade sources said.Global benchmark Brent futures have stayed under $80 a barrel sinc
Source: channelnewsasia.com
Surging tanker rates close the door on US crude oil shipments to Asia
The economic incentive to import oil from the U.S. Gulf Coast to Asia has closed as the cost of booking supertankers on the route has surged amid a jump in bookings for the vessels, traders said this... -January 10, 2024 at 08:04 pm EST - MarketScreener
Source: marketscreener.com