supply and demand News

Global Oil Market Achieves Balance: Insights from Russia's Deputy Prime Minister

Russian Deputy Prime Minister Alexander Novak announced the global oil market is now balanced, following OPEC+'s output cuts. Russia plans to increase oil processing in 2025 and ex...

China's Manufacturing Sector Shows Robust Growth in February, PMI Indicates

China's manufacturing sector continued its expansion in February, with the PMI reaching 50.8, indicating growth in supply and demand, a rebound in export orders, and stable invento...