The U.S. Gulf Coast receives its first Bretaña oil cargo this month as refiners seek alternatives to declining Mexican heavy crude.
By Arathy Somasekhar14 Jan 2025ReutersSupertanker freight rates soared after U.S. sanctions on Russia, prompting traders to rush to book vessels from elsewhere.
By Florence Tan and Siyi Liu14 Jan 2025ReutersFor coal exporters, China is both saviour and tormentor, as record imports come with plummeting seaborne prices.
By Clyde Russell14 Jan 2025ReutersUS sanctions on Russian oil force China and India to seek Middle Eastern, African supplies, spiking prices and freight costs.
By Nidhi Verma, Chen Aizhu, Siyi Liu and Florence Tan12 Jan 2025ReutersGuyana's oil gains favor in Europe as many refiners avoid sanctioned Russian crude and seek alternative supplies.
By Marianna Parraga and Kemol King8 Jan 2025ReutersThe volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic.
By Arathy Somasekhar7 Jan 2025Reuters31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025.
By Anushree Mukherjee and Brijesh Patel2 Jan 2025ReutersOil prices are expected to remain around $70 a barrel in 2025 due to weak demand from China and increasing global supplies.
By Anushree Mukherjee and Brijesh Patel31 Dec 2024ReutersPlease login to like, dislike or bookmark this article.