- China’s Oil Demand Outlook Is Worsening as Winter Approaches
November 08, 2023
The oil demand outlook in China, the world’s biggest importer, isn’t offering much inspiration to bulls as the end of the year approaches.
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- China's Oil Demand Weakens
November 08, 2023
Lower refining margins, higher oil and fuel inventory levels, and a slower-than-expected increase in air travel have combined to push down oil demand in China, according to a Bloomberg report, with analysts expecting little change in the...
- Diesel Demand Shows Signs Of Faltering
November 07, 2023
An unexpected deeper contraction in U.S. manufacturing activity could signal weaker diesel demand, helping stocks – which are below the five-year average for this time of year – rebuild ahead of the higher winter demand for distillates.
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- China refiners cut oil output as thin margins, quota shortage bite
November 06, 2023
China's oil refinery utilisation rates are easing from record third-quarter levels as thinning margins and a shortage of export quotas discourage plants from raising output for the rest of 2023, according to traders and industry consulta...
- US House easily passes bill to harden sanctions on Iranian oil
November 03, 2023
The U.S. House of Representatives easily passed a bill on Friday to bolster sanctions on Iranian oil in a strong bipartisan vote.
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