RECENT NEWS
Energy markets quickly discount Middle East supply risks
OPEC+ surprises with larger-than-expected supply hike The oil market has had a volatile month due to developments in the Middle East. ICE Brent briefly traded above US$80/bbl following US strikes on Iranian nuclear facilities. The move, which followed Israeli strikes...
India’s crude diversification push won’t impact Middle Eastern term contracts
India is looking to widen its crude import basket with more non-OPEC crudes, but the diversification strategy is unlikely to impact term contracts with Middle Eastern suppliers, as energy security takes center stage, DLN Sastri, director for oil refining and marketing...
China’s port economy powers ahead with strong momentum
Along the Bohai Sea coast, Tianjin Port stands as a dynamic hub where the value of port-driven development continues to expand. Within the port, towering gantry cranes and docked vessels form a bustling scene. Smart control systems work in tandem with AI-powered...
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