Oil Market Remains Firmly in Wait and See Mode
The oil market “remains firmly in wait and see mode”, according to Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB (SEB). In a SEB report sent to…
Indian Refiners’ January Crude Processing Fell In January
Indian refiners’ crude processing (throughput) fell by 0.2% month-on-month in January 2026, reaching 5.63 million barrels per day (bpd) or 23.81 million metric tons, marking a slight decrease after December…
Half A Million Without Power After Winter Storm Ravages US Northeast
More than half a million homes and businesses across seven states were left without power after a winter storm swept across parts of the U.S. Northeast on Sunday and Monday.…
Ukraine Strikes Russia’s Druzhba Pipeline Network
Ukrainian forces launched targeted attacks on critical nodes of Russia’s Druzhba oil pipeline network on Sunday night, sparking a major fire at a key Transneft oil hub. The strikes hit…
