Mercuria and Vitol are neck and neck in the thrilling race to acquire RaĂzen’s Argentina refinery, Bloomberg reports. This high-stakes sale highlights a wave of investor excitement sweeping through Latin America’s energy sector as market dynamics rapidly shift
India’s BPCL is set to launch a spot crude oil tender designed to replace Russian supplies, a source told Reuters. This bold step underscores India’s determination to diversify its crude oil sources amid the shifting dynamics of the global energy market
Brazil’s National Petroleum Agency (ANP) has just announced a thrilling offshore auction with seven brand-new blocks, poised to spark a wave of exploration and boost production in the nation’s abundant pre-salt and deepwater basins
Argentina’s road fuel sales took a noticeable dip in June, reveals data from Quantum Commodity Intelligence. This decline underscores ongoing economic challenges and evolving demand trends fueled by fluctuating fuel prices and soaring inflation
Discounts on Iranian crude oil have deepened in China as independent refiners, known as teapots, pull back from buying amid mounting financial pressures and tighter regulations, sources told Reuters-revealing a slowdown in demand in this vital market
