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OilMonster
Crude Oil News
China Refinery Output Hits Record on Strong Margins, Demand Recovery
Throughput for the first half of this year totalled 319.09 million tonnes, equal to about…
July 16th 2020
Oil Prices Slip After OPEC, Allies Agree to Loosen Oil Supply Curbs
Still, oil prices are expected to remain static as an increase in crude processed by…
July 16th 2020
China’s June Crude Oil Imports Hit Record
June imports reached 53.18 million tonnes, or 12.9 million barrels per day (bpd), the data…
July 15th 2020
Oil Rises After U.S. Crude Stocks Drop, Focus on OPEC+ Meeting
In a sign of improving demand despite the coronavirus pandemic, U.S. crude inventories fell by…
July 15th 2020
Sinopec’s Top Refinery Zhenhai Resumes Operation After Overhaul
The refinery, based in east China’s coastal city of Ningbo, has crude oil processing capacity…
July 14th 2020
Asian Markets Struggle to Digest Coronavirus Spike
E-mini futures for the S&P 500 EScv1 rose 0.21%.
July 14th 2020
Saudi Aramco Cuts August Heavy Crude Supply for Some Asian Refiners
The cuts were mainly for Arab Heavy crude, the sources said.
July 13th 2020
Yemen’s Houthis Agree to Give U.N. Access to Abandoned Tanker
The United Nations recently launched virtual talks among the parties to agree a permanent ceasefire…
July 13th 2020
Reliance to Load Venezuelan Oil Cargo Under Fuel Swap Deal
The Liberian-flagged Commodore was at the Jose Terminal on Thursday, ship tracking data on Refinitiv…
July 10th 2020
Oil Dips, Heading for Weekly Loss as Virus Cases Rise
Oil inventories also remain bloated due to the evaporation of demand for gasoline, diesel and…
July 10th 2020