Japan and the Organization of the Petroleum Exporting Countries (OPEC) have decided to organize a dialogue between senior officials, Nikkei reported. OPEC Secretary-General Haitham al-Ghais and Japan’s parliamen...
The oil market is coping with storage capacity limits because demand for products such as petrol has been unexpectedly strong, says a senior executive at the world’s biggest independent oil trader. Demand growth was “...