Crude oil gained more than 1% on anticipations of falling US inventories

05 May 2021 International benchmarks for crude oil gained more than 1% on Tuesday, 4 May 2021 after industry data estimates US crude stockpile dropped sharply last week

04 May 2021

Oil rebounded on positive Chinese economic data

International benchmarks for crude oil moved higher on Monday, 3 May 2021 following data that showed Chinese crude imports hit a record high in February and March.

03 May 2021

Oil slipped on COVID-19 in India, weak crude import data from Japan

International benchmarks for crude oil fell 2% on Friday, 30 April 2021 as the COVID-19 outbreak in India continues to worsen while Japan’s crude import in the month of March 2021 fell 25%.

30 Apr 2021

Saudi Aramco to transfer petchem sales and marketing functions to SABIC

Under the new plans, Sabic will assume responsibility for the global sales and marketing of Saudi Aramco’s petrochemical products, including outputs from four major plants that Aramco owns stakes in

30 Apr 2021

Official Data: China’s manufacturing activities slowed down in April 2021

In the latest official data from the National Bureau of Statistics of China showed that the country’s manufacturing activities slowed down in April 2021.