APPEC: Rosneft sees Asian refiners turning more to…

Russian crude grades could play an important role in meeting the need for Asian refiners and petrochemical companies to broaden their currently relatively limited feedstock procurement options, a senior executive at Russia's state-run Rosneft…

Oman crude oil prices rally to 3-year-plus high…

Oman crude oil prices continued to rally Monday to a more than three-year high amid strong demand from Asian end-users, traders said.S&P Global Platts assessed November cash Oman crude at a premium of $1.26/b to…

German election result weighs on the euro

Markets showed signs of volatility on Monday as investors cooled from the euro after Angela Merkel’s ruling Christian Democrat-led alliance took a hit in the German election on Sunday.Ms Merkel is on track for a…

Uncertainty clouds Brazil’s new soybean crop

As soon as rains appear in the sky, soybean planting season will kick off in Brazil. However, the start of the 2017-18 season in the world’s largest soybean exporter — and probably the entire season…

The Chinese Giant Taking Over Energy Markets

Last week’s announcement of the US$9-billion acquisition by Chinese CEFC of a more than 14-percent stake in Rosneft sent ripples across the oil industry and among commodity traders.The Chinese conglomerate, which started as a small…