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CHINA HOLDS THE KEY TO 2024 GLOBAL OIL DEMAND GROWTH.
While China's crude oil imports increased in the first two months of 2024, it's premature to gauge their impact on global oil demand and prices for the year.
- 2 years, 2 months
U.S.A: NATURAL GAS FUTURES MARKET'S VOLATILITY EXPECTED TO PERSIST.
Despite the currently low natural gas prices in the United States and the abundance of shale gas resources, the futures market has experienced significant fluctuations in recent months.
- 2 years, 2 months
KUWAIT SEES SOLID OIL DEMAND IN A FAIRLY BALANCED MARKET.
Shaikh Nawaf Al-Sabah, the chief executive of Kuwait Petroleum Corporation (KPC), stated in an interview with Bloomberg that global oil demand appears strong in a balanced market this year.
- 2 years, 2 months
INDIA MAKES BOLD MOVE TO REDUCE DOLLAR DEPENDENCY IN OIL TRADE.
The Reserve Bank of India is encouraging state refiners to negotiate 10% of oil payments in rupees with Gulf suppliers to protect the rupee's value and reduce reliance on the dollar.
- 2 years, 2 months
OIL INCHES HIGHER ON FUEL INVENTORY DRAWS.
Today, crude oil prices rose after the Energy Information Administration (EIA) reported estimated inventory draws across fuels.
- 2 years, 2 months
SAUDI ARABIA'S JAFURAH GAS MEGAPROJECT, A POTENTIAL REALITY CHECK.
According to Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman, an additional 15 trillion cubic feet (tcf) of gas has been confirmed at Saudi Aramco’s Jafurah gas field.
- 2 years, 2 months
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