Ron Bousso

Oil storage tanks and facilities of Xinhai Oils Storage Co in China's Zhejiang province. China does not publish timely or comprehensive consumption data, creating a big unknown for the oil market.

Oil market calm masks a host of unknowns

Traders are mostly operating in the dark regarding inventory, global demand and geopolitical uncertainty

In September, 69% of Russia’s seaborne crude exports were carried on “shadow fleet” tankers, says the Centre for Research on Energy and Clean Air.

Trump’s India squeeze to push Russian oil further into the shadows

In the shadow market, Russian crude’s country of origin would be obscured, meaning it could end up in many places