- Gasoline margin eases as Fujairah stocks swell
February 23, 2023
Asia’s gasoline refining profit margin declined on Wednesday as Fujairah inventories swelled, although sentiment remained positive amid lower shipments from China and robust demand from Indonesia, traders said.
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- Nigerian Economy Grows Faster Than Expected Driven by Non-Oil Sector
February 22, 2023
Nigeria’s economy grew faster than expected in the fourth quarter, driven by growth in the non-oil sector.
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- Iran's Oil Exports on Track to Reverse Decline
February 22, 2023
Iran's February oil exports appear to be on course to reverse a decline over the previous two months, amid hopes of a recovery in Chinese demand and Russia's decision to cut output by 500,000 barrels per day in March. [Article Behind Pay...
- Russian Oil Flows to China Hit Highest Levels Since Ukraine Invasion
February 21, 2023
Russian exports of discounted crude and fuel oil to China have jumped to record levels as the re-opening of the world’s biggest energy importer gathers pace after the dismantling of Covid Zero.
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- China set for record crude oil imports in 2023 - analysts
February 20, 2023
China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following the dismantling of COVID-19 controls and as a result of new refineries coming onstream, analysts said.
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