Saudi Aramco has announced the acquisition of a minority stake in U.S.-based MidOcean Energy, a company that is looking to acquire interests in Australian LNG
China may not issue additional fuel export quotas this year, which could further raise global diesel prices amid tight supplies and a still unknown duration of a Russian export ban currently in force
Russia’s temporary ban on diesel and gasoline exports comes just ahead of the meteorological winter in Europe and may further tighten global diesel markets