Crude oil demand in China is set to slow down sharply next year, a survey among 12 industry analysts and consultants carried out by Bloomberg has suggested. Read Article  +

Key Asian refiners are set to seal 2024 diesel export deals at lower premiums than last year as global supply is poised to rise next year amid slower global demand growth, five trade sources said. Read Article  +

Shell has shortlisted at least four companies including state-run China National Offshore Oil Corp (CNOOC) and top global energy trader Vitol as bidders for its Singapore refinery assets, sources with knowledge of the matter said. Read ...  +

Canadian oil producers are bracing for further potential delays to the Trans Mountain pipeline expansion (TMX) that could cost them millions of dollars in lost revenues in coming months after they ramped up production ready to fill the e...  +

The major oil producers' group of OPEC+ is set to include Brazil, the world's eighth largest oil producer as its 24th member and now hopes to increase its declining market share in its attempts to use production cutbacks for raising pric...  +

Asia’s cash premium for 0.5% very low sulphur fuel oil (VLSFO) slipped to a two-month low on Wednesday, while high sulphur fuel oil (HSFO) extended a rebound with discounts narrowing. Read Article  +

Oil prices fell by more than 2% on Thursday after OPEC+ producers agreed to voluntary oil output cuts for the first quarter next year that fell short of market expectations. Read Article  +

OPEC+ handed Nigeria a 2024 oil output target lower than Africa's largest oil producer had hoped for while lowering Angola's target, according to a statement from the group of oil-producing countries. Read Article  +

Asia’s cash premium for 0.5% very low sulphur fuel oil (VLSFO) slipped to a two-month low on Wednesday, while high sulphur fuel oil (HSFO) extended a rebound with discounts narrowing. Read Article  +

The UAE's key regional oil trading ports are on track to handle record volumes of fuels and other oil products this year in what traders say reflects displaced supplies from Russia, growing Iranian exports and new refineries in the regio...  +