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The Asian middle distillates market is currently limited, with traders awaiting April offers from Chinese refiners. Diesel exports are estimated at 400,000 tons, and jet fuel volumes at 2.2 million …
Current Dynamics in Asia’s Middle Distillates Market and Geopolitical Influences Read More
The U.S. Treasury has extended protections for Venezuela-owned Citgo until July. This decision follows actions against Chevron’s operations in Venezuela, as opposition leaders urge continued safeguarding of this key asset …
U.S. Extends License Protecting Citgo from Creditors Amid Venezuelan Turmoil Read More
Argentina’s Vaca Muerta shale basin has potential for growth, contrasting with diminishing U.S. shale resources. However, unfavorable regulations, including capital controls and oil-price interventions, have stymied investment. Major companies like …
Argentina’s Vaca Muerta: A New Frontier for Shale? Read More
On Tuesday, Oman and Murban crude premiums fell, while Dubai’s climbed amidst rising oil prices spurred by new U.S. sanctions on Iran. Taiwan’s CPC purchased six million barrels of sweet …
Middle East Crude Prices: Dubai Gains While Oman and Murban Decline Read More
U.S. President Donald Trump’s cancellation of oil licenses for foreign companies in Venezuela is expected to fuel inflation and reduce foreign currency, leading to heightened depreciation of the bolivar. With …
Trump’s Cancellation of Oil Licenses: A New Economic Challenge for Venezuela Read More
Middle Eastern crude benchmarks saw Dubai and Murban premiums increase, while Oman declined. Oil prices recovered after supply concerns arose due to U.S. policy changes affecting Chevron in Venezuela. Eni …
Middle East Crude Markets: Dubai and Murban Prices Increase, Oman Declines Read More