Russia’s oil production rose to a post-Soviet high last month as the country completely rolled back the output cuts it had agreed on with OPEC, then pumped some more. The country produced a record 11.356 MMbopd in September, according to data released Tuesday by the Energy Ministry’s CDU-TEK statistical unit....
Shipments of West African oil to Asia are set to hit a two-month high in October as Chinese refineries scramble for alternatives to Iranian crude before U.S. sanctions take effect on Nov. 4, according Reuters reports. Loadings for Asia will rise to 2.52 million barrels per day (bpd) in October,...