Libya’s largest oilfields could see a resumption of production after what the Libyan National Oil Company (NOC) called the “illicit” closure of crude pumping valves late last week, with engineers Continue Reading
Some drivers say they spend nights at filling stations to get petrol. Fuel scarcity worsened across Nigeria weekend despite repeated assurances from the government that the crisis would soon be Continue Reading
Highlights Latin American ULSD passes $160/b to fresh record highs Companies are in ‘stealth mode’ looking for cargoes Latin American tenders have gone into hiding as refined oil products reached Continue Reading
China’s imports of major commodities appeared largely steady to even somewhat soft in the first two months of the year. But the bland figures mask some dynamic shifts, which are Continue Reading
A BYD showroom in Beijing. China’s passenger vehicle sales rose 4.7% in February from a year earlier to 1.27 million units, helped by particularly strong growth from new-energy vehicles. Deliveries Continue Reading
China’s sovereign bonds slid from the top of global performance rankings to near the bottom in recent weeks, undermining their status as an alternative haven just as global markets were Continue Reading
The soybean outright price for CFR China first-month assessment has reached new highs, at $757.93/mt as assessed by S&P Global Platts March 8, up by 3% week on week, and Continue Reading
A growing number of independent refineries in China’s Shandong province are resorting to throughput cuts as crude oil’s steep surge above $100/b is starting to take a toll on refining Continue Reading
Oil-and-gas leaders advocated at an industry conference on Monday for a combination of more fossil fuel production and renewable energy sources to reduce reliance on places like Russia as oil Continue Reading
The price for U.S. gasoline hit a record high, tracking a surge in global energy markets and showing how the war in Ukraine is having far-reaching economic consequences. The spiraling Continue Reading
