Following the country’s reopening, China is anticipated to contribute for approximately 40% of the...
Five Oil Giants Record Historic High of $200 Billion in Profit Last Year
The five largest oil companies in the Western continent reported a combined total profits...
Goldman Sachs Trims 4Q Oil Outlook on China New Covid Outbreaks
Increasing Covid fears in China and a lack of clarity over the Group of...
Oil Prices Gain Slightly after 4% Drop Last Night over OPEC+ Output Decision and US Crude Inventories Gain
Oil prices slightly bounced back after plunging 4% last night as U.S. data showed...
“Impossible to Replace EU Gas Supplies with LNG,” Shell CEO Warns amid Problematic Winter
Shell CEO Ben van Beurden said that it is impossible to replace Russian gas...
China Oil Imports from Russia Up 55% to Record High in May
China’s crude oil imports from Russia rose 55% to a record level in May,...