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Russia-Ukraine conflict puts China's incremental crude appetite in spotlight | Hellenic Shipping News Worldwide - Vimarsana News

Russia-Ukraine conflict puts China's incremental crude appetite in spotlight | Hellenic Shipping News Worldwide

Chinese buyers of spot Russian crude are temporarily refraining from closing deals following uncertainty around shipping, but Asia’s biggest oil consumer has the appetite to absorb incremental cargoes if other buyers decide to cut purchases from the leading European supplier, according to analysts, traders and refiners who spoke to S&P Global Platts. While US President ...

Oil market tightness could resurrect crude investment in coming years | Hellenic Shipping News Worldwide - Vimarsana News

Oil market tightness could resurrect crude investment in coming years | Hellenic Shipping News Worldwide

Renewed market tightness in the latter half of 2022, rather than repeated warnings over a looming oil investment shortfall, could give fresh support to oil prices and add impetus to an eerily cautious investment climate. It would appear to be simultaneously the best and worst era to invest in the politically sensitive fossil fuel. Fears ...