Concerns about potential supply disruptions related to the wars in the Middle East and Europe outweighed news of weak supply/demand balances.
July 01, 2024
The outlook for the crude market in the second half of 2024 presents a nuanced landscape shaped by global economic factors and geopolitical dynamics.
June 29, 2024
The U.S. oil production landscape in 2024 presents a paradox: despite stagnant growth over the past 10 months, the country is poised to achieve a new annual production record.
June 29, 2024
The Trans Mountain Expansion (TMX) pipeline is set to implement significant changes to quality regulations for heavy crude effective Sept. 1, following industry feedback.
June 29, 2024
In recent developments across the three South American countries, several key projects are shaping the oil and gas landscape in the region
June 29, 2024
China National Offshore Oil Corporation (CNOOC) has initiated crude oil production from the Enping 21-4 Oilfield Development Project in the South China Sea, marking a significant milestone for the state-held giant.
June 29, 2024
In recent months, both China and India have showcased distinctive trends in their oil import strategies, reflecting broader shifts in the Asian energy landscape.
June 24, 2024
Demand optimism from the previous week continued while geopolitical issues in Europe and the Middle East prompted concerns about potential supply disruptions.
June 24, 2024
Iran's Petroleum Minister Jawad Owji declared that the US could no longer hinder Iran's oil production and exports.
June 23, 2024
In recent updates from industry leaders and analysts, the oil market has seen varied sentiments and forecasts.
June 22, 2024
