What Israel-Hamas war means for global oil market
October 16, 2023
A war between Islamist group Hamas and Israel poses one of the most significant geopolitical risks to oil markets since Russia's invasion of Ukraine last year.
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Oil: Bull Case Limited in Near Term, OPEC Scaremongering Infinite
October 13, 2023
At a journalism clinic I hosted in Asia some years back, one of my pleas was “don’t throw the entire kitchen sink at the story”.
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Asia Fuel Oil-VLSFO cash premium dips as backwardation softens
October 11, 2023
The cash premium for very-low sulphur fuel oil (VLSFO) eased slightly on Tuesday, while market backwardation continued to soften.
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Oil prices react to Hamas terrorist attack, but remain steady
October 10, 2023
Until Saturday morning, everything seemed normal. Oil markets were stable. They were, in fact, on a downward slope. Yet suddenly, literally out of the blue, that changed.
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CNBC Daily Open: There’s good news for investors beneath September’s jobs number
October 09, 2023
Gunmen from Palestinian militant group Hamas attacked Israel on Saturday. Israel formally declared war against Hamas on Sunday. “This is no less than Israel’s 9/11,” said Ian Bremmer, president of Eurasia Group, while China called for a ...
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Joe Biden's Five Major Problems as Israel Conflict Escalates
October 08, 2023
Spiraling violence in the Middle East presents U.S. President Joe Biden with five major issues to contend with as the threat of a broader, deadlier conflict looms in and around southern Israel and Gaza.
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Russia may ease ban on diesel exports soon - Kommersant
October 04, 2023
The Russian government is ready to ease a ban on diesel exports in coming days, the daily Kommersant reported on Wednesday, citing unidentified sources, while Deputy Prime Minister Alexander Novak said the restrictions were working.
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Global LNG: Asia spot prices hit 7-month high on rising demand, Europe supply worries
October 02, 2023
Asian spot liquefied natural gas (LNG) prices rose for a third week, gaining $1 to a seven-month high, amid increased demand in Asia and supply concerns in Europe.
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China may boost October fuel exports on robust margins, flight recovery
September 27, 2023
China's oil products exports are set to rise in October as state-owned refiners capitalise on lucrative margins and some western demand, while international flights recover, industry sources and analysts said.
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How serious is Russia's fuel export ban and who will be hit?
September 27, 2023
Russia said on Sept. 21 it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions o...
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