The global ethylene industry faces a prolonged downcycle. Oversupply and margin pressures, stemming from China’s capacity overbuild and weak demand
Supply of the five North Sea crude oil grades underpinning the dated Brent benchmark will average about 542,000 barrels per
Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by 1.9 million barrels per day (b/d), 93% of which was produced from just 10 counties in Texas and New Mexico. Production from the
Asia’s middle distillates markets turned upbeat on the trading window with a flurry of deals done, as traders awaited October
Middle East crude benchmark spot premiums of Oman and Murban ticked up for a second session on Tuesday, while those
Kazakhstan’s daily crude oil output, excluding gas condensate, a type of light oil, rose to 1.88 million barrels per day