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An IGF report suggests discontinuing Sara's refining activity to reduce fuel costs in Guadeloupe, Martinique and French Guiana, sparking debate on the future of energy in these territories.
An IGF report suggests discontinuing Sara's refining activity to reduce fuel costs in Guadeloupe, Martinique and French Guiana, sparking debate on the future of energy in these territories.
Gasoline prices in Brazil remain stable despite a widening gap with imports, posing challenges for the ethanol market and influencing the commercial strategies of fuel distributors.
Gasoline prices in Brazil remain stable despite a widening gap with imports, posing challenges for the ethanol market and influencing the commercial strategies of fuel distributors.
The strike by workers at Marathon Petroleum's Detroit refinery is getting tougher. The Teamsters Union is considering extending the strike to other sites, given the stalemate in negotiations.
The strike by workers at Marathon Petroleum's Detroit refinery is getting tougher. The Teamsters Union is considering extending the strike to other sites, given the stalemate in negotiations.
Following sanctions on Lukoil, Slovakia and Hungary are increasing their imports of Tatneft crude via the Druzhba pipeline, underlining the complexity of energy security in Central Europe.
Following sanctions on Lukoil, Slovakia and Hungary are increasing their imports of Tatneft crude via the Druzhba pipeline, underlining the complexity of energy security in Central Europe.
Asian refiners are experiencing their lowest margins since 2020, due to oversupply and falling demand for diesel and gasoline.
Asian refiners are experiencing their lowest margins since 2020, due to oversupply and falling demand for diesel and gasoline.
Brent crude oil prices hit their lowest level since March 2023. OPEC+ postpones production increases, but the market remains skeptical in the face of flagging demand.
Brent crude oil prices hit their lowest level since March 2023. OPEC+ postpones production increases, but the market remains skeptical in the face of flagging demand.
Despite Western sanctions, Sovcomflot retains a significant share of Russia's non-G7 crude oil exports, exceeding 80% in August. New U.S. sanctions increase pressure to reduce Russian revenues.
Despite Western sanctions, Sovcomflot retains a significant share of Russia's non-G7 crude oil exports, exceeding 80% in August. New U.S. sanctions increase pressure to reduce Russian revenues.
Under pressure from falling prices, OPEC+ decided to extend the production cut by 2.2 million barrels per day until December 2024 to maintain market balance.
Under pressure from falling prices, OPEC+ decided to extend the production cut by 2.2 million barrels per day until December 2024 to maintain market balance.
Norway is requesting the lifting of injunctions on three oil fields, arguing that the economic impacts outweigh the environmental benefits claimed.
Norway is requesting the lifting of injunctions on three oil fields, arguing that the economic impacts outweigh the environmental benefits claimed.
Brent crude prices fell sharply on expectations of a rapid resumption of Libyan exports and possible adjustments to OPEC+ production cuts.
Brent crude prices fell sharply on expectations of a rapid resumption of Libyan exports and possible adjustments to OPEC+ production cuts.