Egypt’s crude oil production hits two-year high as refinery output strengthens
Egypt's crude oil production has reached its highest level in nearly two years, Minister of Petroleum and Mineral…
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UAE Fujairah Port oil product stocks drop, Russian fuel oil imports surge
UAE's Port of Fujairah saw oil product stockpiles remain largely stable for the week ending August 26, with total…
Sinopec reports 9.9% profit fall in ’23
China Petroleum & Chemical Corp., Sinopec, announced a 9.9 per cent decrease in net profit for 2023 on Sunday,…
Oil drops as Russian supply up
Oil prices experienced a slight dip on Tuesday, influenced by several factors, including the potential for…
Global oil market turns local amid Red Sea unrest
Oil market appears more localised, as the ongoing Red Sea unrest and rising freight rates made supplies from closer…