The international crude oil market has suddenly become volatile than at any time in the past five years.
CITAC studies the impact on refiners, shipping and the bunker supply chain of the introduction of global low sulphur bunkers for shipping.
The oil product retail sector in Africa has undergone big changes over the course of the past 20 years.
Any investment in the petroleum refining business, which is typically capital-intensive and prone to market volatility, has to be made with a long-term view, perhaps in excess of 20 years.
The discovery of a leak in the North Sea Forties Pipeline in December 2017 set the cat among the pigeons for global oil markets in more ways than one.
In the 10 years since lead was successfully removed from gasoline in Sub-Saharan Africa …