The UAE and Kuwait have sharply increased naphtha exports to Asia through ship-to-ship (STS) transfers outside the Strait of Hormuz, helping regional petrochemical producers restore operations, traders and analysts to...
Venezuela’s state-owned oil company Petroleos de Venezuela (PDVSA) is set to offload crude from the Nabarima floating oil facility amid environmental concerns, according to Reuters. The transfer of the 1.3 million bar...