Global Oil Supply
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In Numbers: Shortfall In Oil Stocks And Saudi's Critical Supply Role
Saudi Arabia is often described as the oil market's firefighter because it holds the largest share of readily available spare production capacity, allowing it to quickly raise output when wars, sanctions or supply outages disrupt global markets.
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Iran War Pushes India's Crude Oil Basket To $85/barrel, A 19-month High
The price of the Indian basket of crude oil rising to $85.24 per barrel on March 4, the highest level since July 2024.
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China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
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In Numbers: Shortfall In Oil Stocks And Saudi's Critical Supply Role
Saudi Arabia is often described as the oil market's firefighter because it holds the largest share of readily available spare production capacity, allowing it to quickly raise output when wars, sanctions or supply outages disrupt global markets.
-
Iran War Pushes India's Crude Oil Basket To $85/barrel, A 19-month High
The price of the Indian basket of crude oil rising to $85.24 per barrel on March 4, the highest level since July 2024.
-
China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
