China's surplus of crude oil jumped to 2.67 million bpd in December, up from 1.88 million bpd in November and the most since ...
Crude oil stockpiles, reserves of unrefined petroleum, help stabilize oil supply and demand. Explore their impact, how they're measured, and why they matter.
Geopolitical risk premiums are rising, with protests in Iran, tanker attacks in the Black Sea, and sanction risks now ...
Despite global oil markets being in backwardation, a state where current prices exceed future delivery prices and typically discourages storage, China has been actively stockpiling crude oil. This ...
Trafigura Group and Vitol Group are poised to load roughly 12 million barrels of Venezuelan crude onto tankers less than ...
By Arathy Somasekhar and Jonathan Saul HOUSTON/LONDON, Jan 16 (Reuters) - The U.S. government is not currently considering ...
Russian crude is piling up at sea as India’s refiners step back from purchases, leaving Moscow with millions of barrels on ...
EIA reported a 9.3 million bbl crude draw in yesterday's weekly oil storage report. This crude draw was within our range, and our very strong US crude exports were the reason for the outperformance.
I.I Crude oil transport and storage ensure continuous, safe, and cost-efficient movement of stabilized crude from field batteries to refineries and export terminals, while preserving product quality, ...
The Syrian Petroleum Company said on Sunday it has begun transporting crude oil from the Jbessa oil field in eastern Hasakah ...