0 By admin In In the NewsPosted December 31, 2021OPEC+ alliance hopes an omicron-resistant oil market can absorb another output hikeIn the month since OPEC and its allies last met and affirmed plans to keep… READ MORE
0 By admin In In the NewsPosted December 31, 2021UAE’s Fujairah to move ahead with ADNOC’s crude caverns in 2022The UAE’s Fujairah port, which is coming off a record year in terms of liquid… READ MORE
0 By admin In In the NewsPosted December 30, 2021Crude oil futures dip on profit-taking after multi-day rallyCrude oil futures dipped in mid-morning trade in Asia Dec. 31 as investors booked year-end… READ MORE
0 By admin In In the NewsPosted December 30, 2021Commodities 2022: South Korea to continue favoring US crude amid OPEC supply uncertaintySouth Korea’s imports of US crude oil are estimated to have to surpassed 120 million… READ MORE
0 By admin In In the NewsPosted December 30, 2021Commodities 2022: Election will force White House to keep pragmatic message on US oil supplyThe Biden administration started 2021 with an oil and gas leasing moratorium that put US… READ MORE
0 By admin In In the NewsPosted December 30, 2021US oil, gas rig count drops 13 to 706 on week, as Permian Basin losses mount: EnverusThe US oil and gas rig count fell by 13 to 706 on the week,… READ MORE
0 By admin In In the NewsPosted December 30, 2021Commodities 2022: Russian refiners focus on upgrades to meet surging demandRussia’s refining sector will focus on increasing output and implementing other state-directed measures in 2022… READ MORE
0 By admin In In the NewsPosted December 30, 2021CFR China butadiene falls $35/mt to 16-month lowAsian butadiene dropped $35/mt day on day to $555/mt CFR China on Dec. 30, the… READ MORE
0 By admin In In the NewsPosted December 30, 2021China issues first batch of oil product import quotas at 12.65 mil mt for 2022China’s Ministry of Commerce has issued 12.65 million mt of oil product import quotas in… READ MORE
0 By admin In In the NewsPosted December 30, 2021Commodities 2022: Brazilian ethanol price drivers to remain volatileSugar’s strong price premium over ethanol, volatility in the Brazilian real/US dollar exchange rate, and… READ MORE
