Asian Refiners Pivot to U.S. Crude as Middle East Prices Surge
Rising prices of Middle Eastern crudes have opened the arbitrage window for West Texas Intermediate (WTI) to flow to Asia, which is set to buy higher ...
Related Articles
AI Boom Will Drive U.S. Energy Expansion, Says Interior Secretary Burgum
Low oil prices may be squeezing U.S. shale producers, but Interior Secretary Doug Burgum isn’t worried. In a new interview with The National’s Had...
India Pauses Russian Crude Oil Purchases
The state refiners in India have not purchased any crude from Russia this week after U.S. President Donald Trump threatened secondary tariffs on the b...
New Zealand Lifts Offshore Oil and Gas Exploration Ban
New Zealand reopens for oil and gas exploration after the country’s Parliament on Thursday voted to repeal a 2018 ban on offshore resource drilling....
Trump Envoy Vows Tougher Russia Oil Sanctions
Keith Kellogg, Trump's special envoy to Russia and Ukraine, has freshly warned in newly published comments that oil sanctions will have a serious and ...
Non-Oil Growth Drives Saudi Economic Expansion in Q2
Saudi Arabia’s economy expanded by nearly 4% in the second quarter from a year earlier, thanks to rising non-oil economic growth and the return of g...
Shell Defies Expectations With Strong Q2 Earnings
Shell (NYSE: SHEL) posted better-than-expected earnings for the second quarter, as reduced expenses and higher marketing margins partly offset lower o...