- Analysis: China crackdown could knock crude oil import growth to 20-year low
July 26, 2021
Beijing's crackdown on the misuse of import quotas combined with the impact of high crude prices could see China's growth in oil imports sink to the lowest in two decades in 2021, despite an expected rise in refining rates in the second ...
- Global markets shaken by fears over Delta variant
July 19, 2021
The threat of the Delta coronavirus variant hit global equity markets on Monday, handing European bourses their worst session of the year and sending US stocks down 1.6 per cent.
Read Article
- China's crude oil runs hit record highs in June
July 15, 2021
China's crude oil throughput hit a record high in June, rising 3.9% on a daily basis from the previous record set in May as more refineries resumed operations after maintenance.
Read Article
- FEATURE: Iran's summer of power cuts could be worst yet with new capacity on hold
July 14, 2021
Iran, despite being OPEC's fourth-biggest crude oil producer, faces an unprecedented summer of electricity cuts as power plant disruptions and a lack of investment in new capacity leave output far below demand.
Read Article
- Here’s How Citi to RBC See Oil Outlook After OPEC+ Talks Fail
July 06, 2021
The breakdown of OPEC+’s meeting on production levels has left the oil market in limbo. The immediate consequence is that an expected increase in output in August now likely won’t happen, leaving the world short of barrels as the economi...