Asian refiners are assessing the impact of tensions in the Middle East on freight and marine insurance costs, without fearing for the security of crude oil supplies.
Asian refiners are assessing the impact of tensions in the Middle East on freight and marine insurance costs, without fearing for the security of crude oil supplies.
Israel's recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
Israel's recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
The rapid escalation between Iran and Israel threatens the stability of world oil markets, with serious implications for maritime trade and energy security.
The rapid escalation between Iran and Israel threatens the stability of world oil markets, with serious implications for maritime trade and energy security.
ExxonMobil announces major restructuring in Normandy with job cuts and the sale of its assets in the south of France. An uncertain period for employees and the local economy.
ExxonMobil announces major restructuring in Normandy with job cuts and the sale of its assets in the south of France. An uncertain period for employees and the local economy.
In the week ending April 5, US crude oil inventories rose significantly, far exceeding analysts' expectations, with immediate repercussions for market prices.
In the week ending April 5, US crude oil inventories rose significantly, far exceeding analysts' expectations, with immediate repercussions for market prices.
The latest OPEC+ data show a slight rise in production in March, despite Saudi efforts to ensure strict compliance. S&P Global's analysis points to a potentially volatile market.
The latest OPEC+ data show a slight rise in production in March, despite Saudi efforts to ensure strict compliance. S&P Global's analysis points to a potentially volatile market.
After four years of construction and expenditures exceeding $34 billion, the Trans Mountain pipeline expansion will enter commercial service on May 1, 2024, marking a major turning point for access to Canadian oil export markets.
After four years of construction and expenditures exceeding $34 billion, the Trans Mountain pipeline expansion will enter commercial service on May 1, 2024, marking a major turning point for access to Canadian oil export markets.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.
The US Department of Energy suspends the planned purchase of 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in Louisiana, adjusting its strategy in the face of high crude prices.
The US Department of Energy suspends the planned purchase of 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in Louisiana, adjusting its strategy in the face of high crude prices.
The Taneco refinery in Russia was the target of the farthest drone strike from Ukraine to date, illustrating the company's increased operational capability.
The Taneco refinery in Russia was the target of the farthest drone strike from Ukraine to date, illustrating the company's increased operational capability.
