Browsing: crude oil

Indian refiners are increasingly sourcing oil from Latin America and Africa to compensate for the loss of Russian crude, as geopolitical tensions reshape global supply chains. February data highlights a strategic pivot amid shifting market dynamics.

Alberta’s Premier emphasized that while Canada could increase oil supplies to the U.S., the country also requires new markets to diversify its economy. This dual focus aims to strengthen energy independence and address fluctuating global demand.

Argentina’s crude oil and natural gas production is approaching record highs, according to the Energy Information Administration (EIA). This surge reflects the country’s growing role as a key player in the South American energy landscape, driven by robust investments and technological advancements.