IEA Expects Quick Release of Asia Pacific Oil Stocks
The International Energy Agency (IEA) is orchestrating a significant, coordinated release of strategic petroleum reserves from its member nations across Asia Oceania, the Americas, and Europe. This gl
Sinopec Slashes Refining Runs as Hormuz Disruption Squeezes Crude Supply
China's largest refiner, Sinopec, has reportedly scaled back its crude processing rates by 10%, equating to a significant half-million barrels per day reduction
OilPrice·Mar 16
Jera, Kogas seal new LNG cooperation deal
Japan's Jera and South Korea's Kogas, two of the world's preeminent liquefied natural gas (LNG) importers, have formalized a new cooperation agreement aimed at
TotalEnergies sees limited impact on LNG trading activities after Qatar shutdown
TotalEnergies, a leading global energy major, has indicated that recent production interruptions in Qatar's liquefied natural gas facilities have had only a min
Oil Prices Remain Volatile as Hormuz Tensions Rise
Global oil markets are experiencing renewed volatility as the United States seeks to establish an international naval presence in the Strait of Hormuz. This dip
OilPrice·Mar 16
Mar 15
Middle East Crisis Could Triple Pakistan’s Oil Import Bill