Oil Prices to Fall below $60 by the End of the Year
WPB foresees crude oil markets falling, with the prices going below $60 per barrel by the end of the year as OPEC+ gradually unwinds its earlier outp...
LEARN MOREWPB foresees crude oil markets falling, with the prices going below $60 per barrel by the end of the year as OPEC+ gradually unwinds its earlier outp...
LEARN MOREAccording to WPB, Kazakhstan made a downward tariff revision on export tariffs imposed on oil and certain petroleum products, setting the new rate at...
LEARN MOREMalaysia's state oil company Petronas is going through a period of heightened financial and operational stress, with lower oil prices, adverse market...
LEARN MOREWPB reports that Moscow has been sending the majority of its fuel oil and vacuum gasoil (VGO) to Asian and Middle Eastern destinations, as Western na...
LEARN MORESouth Korea has initiated a far-reaching restructuring program in the petrochemicals sector, inviting top domestic producers to cut capacity in the m...
LEARN MOREIndia's largest oil and natural gas exploration and production company, the state-owned Oil and Natural Gas Corporation Limited (ONGC), reported a sh...
LEARN MOREAccording to WPB, Saudi Arabia’s crude exports to China are projected to decline in September, following two consecutive months of price increases ...
LEARN MOREAccording to Bitumenmag, The East African Crude Oil Pipeline (EACOP), a pipeline linking Uganda's oil reserves with Tanzania's Port of Tanga, is adva...
LEARN MOREAccording to WPB, Iraq's oil industry is being transformed with private Chinese oil companies growing their investments and operational footprint alo...
LEARN MOREIndian state-owned refiners recently halted Russian crude purchases, an indication of enhanced caution after taking cues from international policy an...
LEARN MOREAccording to WPB, Kazakhstan’s oil exports through Russian ports on the Black Sea remain unaffected despite recent changes introduced by the Russia...
LEARN MORE据《世界石油与沥青》(WPB)报道,2025年6月中国原油炼油活动激增,达到自2023年9月以来的最高水平。这一增长�...
LEARN MOREAccording to World of Petroleum and Bitumen (WPB), China’s crude oil refining activity surged in June 2025, reaching its highest level since Septem...
LEARN MOREAccording to WPB, Saudi Arabia emerged as the foremost destination for Russian seaborne exports of fuel oil and vacuum gasoil (VGO) in June, driven b...
LEARN MOREAccording to World of Petroleum and Bitumen (WPB), China National Offshore Oil Corporation (CNOOC), the country’s leading offshore oil and gas ente...
LEARN MOREAccording to WPB, global oil consumption has reached its highest level ever recorded, reflecting persistent demand growth—especially among developi...
LEARN MOREAccording to WPB, India has significantly diversified its crude oil sourcing strategy by boosting imports from the United States and Brazil, signalin...
LEARN MOREAccording to WPB, Turkish energy entities are set to engage in offshore oil and gas exploration activities in Pakistani waters through strategic coll...
LEARN MOREAccording to World of Petroleum and Bitumen (WPB), Saudi Aramco has announced an upward adjustment in the official selling prices (OSPs) of its crude...
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