North Sea loadings in November will undergo a slight decline while global markets fret about a looming supply shortage.

Opec-plus' excellent compliance rate the past couple months has been driven by countries struggling to ramp up production or carrying out extensive field maintenance.

Would-be exporters of refined products in the US had a banner month in July, but crude shipments remain under pressure.

Averaging agencies’ forecasts, global supply of liquids will increase by 5 million b/d in 2022, with a majority of new barrels coming from Opec-plus.

Russian seaborne exports are poised to rise by over 300,000 b/d in October as refineries plow ahead with maintenance and overall crude output rises.

Three of the world’s biggest importers in Northeast Asia are importing significantly lower volumes of crude oil compared to a year ago.

The West African crude market has returned to a lively pattern ahead of the trade in November loading cargoes thanks to resurgent Chinese demand.

Iraq’s crude production hit a 15-month high in August, topping 4 million barrels per day, but infrastructure problems held back further potential growth.

Russian producers will boost crude oil supplies to world markets in the final quarter of the year now that production is rising and domestic demand is on the wane.

Russian seaborne oil exports are poised to rise slightly in September as the country begins to produce more barrels under the Opec-plus deal.