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High-sulfur fuel oil: the upward drive is still there, and the space may be limited

July 12th, in the second half of the year, we expect that China's imported fuel oil will be difficult to maintain at a high...

What is Brent Oil and Crude Oil?

Oil is one of the most crucial and widely traded commodities in the world. It serves as a vital energy source and is used...

What is the Difference Between Brent Oil and Crude Oil?

When discussing the global oil market, two terms often come up: Brent oil and crude oil. These terms refer to different types of oil...

Saudi Arabia’s Oil Wealth: Exploring the Factors Behind Abundance

Saudi Arabia is a country that is well-known for its vast oil reserves. The country is the world's largest producer and exporter of oil,...

Rosneft: Russian oil exports are losing out to some other OPEC+ countries

On June 19, Sechin, president of Russian oil company Rosneft, said that Russia is losing out to other OPEC+ countries due to the smaller...

Won’t Be Surprised by OPEC+ Proposing New Output Cuts in June

On May 24, both oil prices in the United States and Burundi rose by more than 2% on Tuesday. It was reported that Saudi...

Oil Rises on Rising Gasoline Demand, Prospects of Tighter Supply

Oil prices climbed for a second day on Tuesday, as investors expected a seasonally higher gasoline demand and OPEC+ production cuts to tighten the...

A Guide to Investing in Oil: Tips & Strategies

With its significant role in global energy consumption, oil remains a prominent investment opportunity for individuals looking to diversify their portfolio and potentially capitalize...

A Beginner’s Guide to Investing in Oil Commodities

As the world's primary source of energy, oil is one of the most valuable commodities in the global market. For investors looking to diversify...

Nigeria’s Oil Production Falls Below 1 Million BPD in April

On May 12, the data released by the Nigerian oil regulator on Thursday showed that the country's oil production fell below 1 million barrels...

Oil Posts Biggest Drop Since Banking Crisis as Traders See Oversupply

On April 27, affected by the turmoil in the stock market, international oil prices experienced the largest drop since the banking crisis in mid-March,...

Cheap Russian Oil Knocks OPEC’s Market Share in India to Low

On April 24, OPEC's share of India's oil imports fell at the fastest pace in 2022/23 to the lowest level in at least 22...

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