- China to Become Even More Dominant Oil Buyer on Tax Revamp
May 20, 2021
China is set to extend its dominance in the global oil market as planned tax adjustments spark a chain reaction, prompting processors to boost crude imports and raise refinery run rates.
Read Article
- Iran’s Oil Exports Rise as U.S. Looks to Rejoin Nuclear Accord
May 18, 2021
Iran is exporting hundreds of thousands of barrels of oil each day, violating American sanctions even as world powers negotiate to lift the economic penalties and revitalize a nuclear accord that was rendered all but defunct by the Trump...
- Iran Gears Up for Return to Oil Market as U.S. Talks Advance
May 16, 2021
Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual.
Read Article
- A Supply-Demand Measure for the Global Oil Market Is Weakening
May 11, 2021
A closely watched gauge of tightness in the crude market is weakening on concern about Indian consumption due to the coronavirus, as well as expectations for more cargoes in Europe.
Read Article
- Oil Closes Lower With Underlying Market Structure Holding Firm
April 08, 2021
Oil closed lower, yet its underlying market structure firmed, as investors assessed the challenges to a global economic recovery.
Read Article