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The war in Ukraine is strengthening the role of Asia and the Middle East as the world's main providers of fuels like diesel and gasoline that are crucial to the global economy.
Rystad Energy discuss how Africa is poised for a downstream refining revival, as Europe prepares for the phase out of Russian oil and focuses on the energy transition.
Crude oil tanks at the Cushing, Oklahoma storage hub are more depleted than they have been in the last three years, and prices of further dated oil contracts suggest they will stay lower for months. U.S. demand for crude among refiners making gasoline and diesel has surged as the economy has recovered from the worst ...
Oil inventories on the U.S. Gulf Coast have grown to the highest in about ten years, adding 20 million barrels since the beginning of the month
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Crude oil tanks at the Cushing, Oklahoma storage hub are more depleted than they have been in the last three years, and prices of further dated oil contracts suggest they will stay lower for months.