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Saudi Arabia product markets long-term outlook H1 2020
Saudi Arabia is a large exporter of LPG and naphtha primarily driven by large contributions from non-refinery supply sources. Middle distillates ar...
Aramco takes a holistic view of the European supply chain
It has been a busy start to 2022 for Aramco, who have announced two significant dealings with European players in January. The first, acquiring a 3...
Macro oils short-term outlook: July 2023
Brent prices traded in the mid $70/bbl range in June as continued weak economic signals were balanced against OPEC+ supply cuts. In July, OPEC+ ann...
US Upstream week in brief: Devon divestiture, Cobalt cleanout, and lease sale lethargy
Prolific Barnett Shale acreage transacts as Devon announces an important asset sale. A private Barnett buyer could provide a signpost for what's to...
How is India's Goods and Services Tax impacting oil demand?
On 1 July 2017, India switched to a unified taxation system – the Goods and Services Tax (GST). Four months on, we look at how this new tax regime ...
How much value does petrochemical integration add to Shell’s refining portfolio?
Shell has announced it aims to further reduce its refining portfolio from 20 to 10 assets. CEO Ben van Beurden noted Shell will "focus on sites int...
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