Demand for RFO increases whilst production remains low
In November 2021, there was more consumption of residual fuel oil (RFO) in the US, measured as product supplied, than for any month since January 2017.
In November 2021, there was more consumption of residual fuel oil (RFO) in the US, measured as product supplied, than for any month since January 2017.
Rosneft is set to supply 100 million t of oil to CNPC, which will be processed at factories in northwest China to meet the country's needs for petroleum products.