Serene Cheong Bloomberg
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From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
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India Bursts Into A Market Once Dominated By China
India has pushed into a corner of the Russian oil market once dominated by China, taking a record number of shipments of a Far Eastern grade as the fallout from Moscow's invasion of Ukraine reshapes trade flows.
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Putin Likely To Get Even More Dependent On India
President Vladimir Putin may need to count even more on China and India should the European Union ban Russian oil, with few other takers in Asia able to process the type of crude Europe typically buys.
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To Keep Oil Moving From Russia To China, Rare And Risky Moves
A logistically risky and costly transfer of crude between tankers at sea highlights the steps at least one Chinese buyer is willing to take to ensure the smooth flow of oil from eastern Russia to Asia.
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Cheap Russian Crude Bought By India To Protect Its Own Interests
India is eager to take more Russian crude at bargain prices as buyers from the U.S. to Europe shun its oil after the invasion of Ukraine.
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US Chokes Iran Oil Flows To Buyers Who Vowed Resistance, Including India
The world's top oil buyers are discovering that U.S. sanctions on Iran will squeeze their trade flows whether they agree with America or not.
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Amid Threats Of US Sanctions Against Iran, Saudis Offer Extra Oil in Asia
Evidence is mounting that Saudi Arabia is heeding U.S. President Donald Trump's call for OPEC to keep the oil market amply supplied and rein in prices.
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Man Who Moved Oil With His Words Won't Talk About It Anymore
Now that he's done with his near 21-year stint as Saudi Arabia's oil minister, during which his utterances could move everything from crude to currencies and stocks worldwide, Ali al-Naimi says he doesn't want to talk about the market anymore.
-
From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
-
India Bursts Into A Market Once Dominated By China
India has pushed into a corner of the Russian oil market once dominated by China, taking a record number of shipments of a Far Eastern grade as the fallout from Moscow's invasion of Ukraine reshapes trade flows.
-
Putin Likely To Get Even More Dependent On India
President Vladimir Putin may need to count even more on China and India should the European Union ban Russian oil, with few other takers in Asia able to process the type of crude Europe typically buys.
-
To Keep Oil Moving From Russia To China, Rare And Risky Moves
A logistically risky and costly transfer of crude between tankers at sea highlights the steps at least one Chinese buyer is willing to take to ensure the smooth flow of oil from eastern Russia to Asia.
-
Cheap Russian Crude Bought By India To Protect Its Own Interests
India is eager to take more Russian crude at bargain prices as buyers from the U.S. to Europe shun its oil after the invasion of Ukraine.
-
US Chokes Iran Oil Flows To Buyers Who Vowed Resistance, Including India
The world's top oil buyers are discovering that U.S. sanctions on Iran will squeeze their trade flows whether they agree with America or not.
-
Amid Threats Of US Sanctions Against Iran, Saudis Offer Extra Oil in Asia
Evidence is mounting that Saudi Arabia is heeding U.S. President Donald Trump's call for OPEC to keep the oil market amply supplied and rein in prices.
-
Man Who Moved Oil With His Words Won't Talk About It Anymore
Now that he's done with his near 21-year stint as Saudi Arabia's oil minister, during which his utterances could move everything from crude to currencies and stocks worldwide, Ali al-Naimi says he doesn't want to talk about the market anymore.
