The Japanese government is rushing to increase crude oil procurement from non-Middle Eastern suppliers amid the war in Iran.
The Chamber of Bulk Oil Distributors has urged caution following recent developments involving the Office of the Special Prosecutor’s investigations in the petroleum sector. In a statement, the ...
Two months into the disruption of oil flows through the Strait of Hormuz, a gap is opening between what financial markets ...
Wah Fu Petroleum Company executive pledges to pass on subsidy to customers, while taxi union leader praises government for ...
According to the indictment, officials from the firms allegedly agreed to raise the selling prices of gas oil and curb price ...
Crude oil procured from the United States by Japanese oil distributor Cosmo Oil Co. arrived in Japan on Sunday for the first time as an alternative supply, following the start of U.S. attacks on Iran ...
“Undoubtedly, the issues driving global oil price increases have been impacting distributors of building materials locally.
BPC first began specifying and applying Belzona systems in 2023. Now operating as an official distributor with an established ...
Rising oil prices from the conflict in Iran will likely trigger grocery price shocks later this year
The rise in oil prices from the conflict in Iran is likely to trigger a shock to grocery prices later this year, researchers at Purdue University said.
The price for a barrel of Brent crude oil, the international standard, climbed 5.6% to settle at $95.48 on worries that Iran ...
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