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Europe, Africa crude market tightens on Red Sea disruptions, China demand - Vimarsana News

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

Europe, Africa crude market tightens on Red Sea disruptions, China demand - Vimarsana News

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.

Europe, Africa crude market tightens on Red Sea disruptions, China demand - Vimarsana News

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,...

Drawn by low prices, Chinese refiners hunt for oil to replenish stocks - Vimarsana News

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

Saudi oil price cut driven by weak market, not policy shift - Vimarsana News

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