The European Union’s embargo on Russian oil products, which went into effect on February 5, has resulted in the diversion of Russian diesel not only to Asia, Africa and the Middle East, but also increasingly to Latin America
Over 1,300 offshore workers are set to strike in a dispute over pay, which will bring dozens of oil and gas platforms to a standstill for 48-hours in the biggest offshore stoppage in a generation.
With lithium prices tanking nearly 60% so far this year, international Lithium expert Joe Lowry says the market isn’t reflecting the reality and blames China for using a “false narrative” to manipulate prices lower
Just days after the unexpected OPEC+ oil production cut, Saudi Aramco, the Saudi state-owned oil company, has raised prices of crude to Asia by 30 cents per barrel
Following the weekend’s surprise OPEC+ 1.6 million bpd output cut, the price of Urals, Russia’s flagship crude oil, has reached beyond the $60 per barrel price cap level set by the G7 in December