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Explaining The Disconnect Between Physical And Paper Oil Markets

Bears and bulls are butting heads over the current state of the oil market. There’s a growing disconnect between the physical market for...
News

China Continues To Buy Record Levels Of Russian Crude

China likely imported another 2 million barrels per day (bpd) of discounted Russian crude oil in June after bringing in around the same amount...
Opinion

Ten Takeaways From State Visit To Portugal: Two Nations And The Will For Strategic Partnership

President Muhammadu Buhari’s State Visit to Lisbon, Portugal, Wednesday 28th June to 2nd July was a first class success story and this is measurable...
Opinion

Only 4 Of 55 African Leaders Attend Zelensky Call, Showing Neutrality On Ukraine And Russia

Western governments have tried to rally the nations of Africa to join their war on Russia. But the vast majority of the continent has...
Headline

OPEC+ Is 2.7 Million Bpd Below Oil Production Target

The OPEC+ group was falling behind its overall crude oil production target by a massive 2.695 million barrels per day (bpd) in May due...
Headline

Oil Supply Fears Mount As OPEC Underperforms

Chart of the Week - As national average gasoline prices have surpassed the $5 per US gallon mark for the first time in history, the...
Energy

OPEC+ Fails To Meet Output Target Once Again

Platts survey shows that OPEC+ missed its production target again in May. In April, OPEC alone missed its target by 2.7 million barrels...
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