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Oil and Gas May, 20, 2022 0

Regional distributors leave the market, inaugurating a new concentration of brands among fuel imports

Amid price surges caused by the international oil crisis, the Brazilian fuel distribution market has been forced to reorganize itself,  opening space for a new concentration of branded gas stations,…
Oil and Gas May, 19, 2022 0

The US is substituting Russian oil for Latin American imports

In April, US refiners imported about 1.3 million barrels per day (bpd) of Latin American crude and fuel oil, the highest level in seven months, according to US customs data,…
tanker charters / navios tanker
Oil and Gas May, 18, 2022 0

Russia takes care of tanker charters to China

Russian oil companies and traders have chartered more than half the vessels chartered to load crude from Russia’s Far East in the first half of May, compared to accounting for…
Importação de diesel
Oil and Gas May, 18, 2022 0

Diesel import expenses went to new highs in April

Brazil has never had to spend as much on imported diesel oil as it did last month. Keeping the domestic market properly supplied costs more than US$ 1.42 billion –…
Oil and Gas May, 06, 2022 0

Commodity price surge drove Brazil’s exports to Arabs

Brazil’s exports to Arabs in the first quarter recorded a 33.58% growth, reaching USD 3.86 billion, according to a report by the Arab Brazilian Chamber of Commerce (ABCC). The performance…
Oil and Gas May, 06, 2022 0

Brazil’s government-owned oil sales to climb sharply, official says

Brazil’s direct sales of crude will more than double this year and rise sharply this decade, as oil majors deliver more of their output to the government under production-sharing agreements,…
Oil and Gas May, 05, 2022 0

Oil prices increased by $110 after the EU proposed a ban on Russian oil

Oil prices rose to 109.70 on May 4 after the head of the European Commission proposed an oil embargo on Russia. At 14:00 GMT, international benchmark Brent oil was rated at…
Oil and Gas May, 04, 2022 0

Europe moves a step closer to banning all Russian oil imports

Europe moved a step closer today to banning all Russian oil imports, something that will have enormous repercussions for the aframax trades. European Commission president Ursula von der Leyen, addressing…
Oil and Gas Apr, 22, 2022 0

India wants to boost oil imports from Brazil, says Indian oil minister

India, the world’s third-largest oil importer and consumer, is looking to increase its oil imports from Brazil, said India’s Oil Minister Hardeep Singh Puri on the 21st during a meeting…
Oil and Gas Apr, 14, 2022 0

Diesel imports are back above 1 million m³

After a sudden drop in February, diesel oil imports by Brazil recovered their pace and once again rose to 1 million m³ in March. According to the most recent data…