Wednesday, Oct 16, 2024

The World of Petroleum and Bitumen

September 2024 Oil Market Overview

- Global oil demand growth is experiencing a marked slowdown. The gains in the first half of 2024 amounted to 800,000 barrels per day (kb/d) year-on-...

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China's oil imports from Russia have surged by 25% as Beijing looks for more affordable crude.

In August, China's crude oil imports from Russia surged by 25.6% compared to the previous month, marking the highest monthly intake of the year so fa...

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Shell broadens its bitumen market reach to Vietnam

Additionally, the company is looking to boost profits by completing the installation of a hydrogen unit, which will enable the refinery to handle a b...

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