Latest News

7 Sep 2022
Quantum Commodity Intelligence – UBS sees Brent crude at $125/b by the end of this year and into 2023...
7 Sep 2022
Middle East crude prices Wednesday retreated in line with global benchmarks as Dubai dipped back...
7 Sep 2022
Inventories of diesel and jet fuel in the biggest fuel storage hub in the Middle East fell to a three-month...
6 Sep 2022
Brent futures Tuesday were lower, largely giving up the solid early-week gains on demand fears as China rolls out...
6 Sep 2022
Front line Brent futures slumped back to seven-month lows in trade on Tuesday as demand...
6 Sep 2022
Russia's largest natural gas pipeline to Europe will not resume operations until Siemens Energy repairs faulty equipment, while Russia said it was highly unlikely...
6 Sep 2022
European energy trading is being strained by exchange margin calls of at least $1.5 trillion, putting pressure on governments to...
6 Sep 2022
A cold European winter and further cuts in Russian gas supply could cause Dutch TTF natural gas futures...
6 Sep 2022
The gasoline transatlantic arbitrage window sprang into life when underlying paper markets shifted to...
6 Sep 2022
German energy giant Uniper warned the worst is still to come for Europe’s energy crisis, as concerns over Russian gas supplies
6 Sep 2022
Saudi Aramco has slashed its Official Selling Prices (OSPs) for October-loading crude oil for Asia, largely in line with expectations following a sharp narrowing in the backwardation...
6 Sep 2022
Middle East crude prices Tuesday were slightly lower although benchmark Dubai moved above Brent...
6 Sep 2022
Water levels on the Rhine River have started to drop again since the start of this month, limiting the...
6 Sep 2022
Australia’s Woodside Energy has firmed up a preliminary deal inked in January for the purchase of LNG from a new gas export project planned in Louisiana...
6 Sep 2022
China has called for dialogue and consultation with Russia, rejecting calls for the largest buyer of Russian oil to join G7 proposals for a...
6 Sep 2022
Indian Petroleum Minister Shri Hardeep Singh Puri said the South Asian country will carefully assess whether to support a G-7 proposal to impose a cap...
5 Sep 2022
Crude oil futures Monday rallied after’s Friday’s decision by the G7 group of nations to impose a price cap on Russian oil exports...
5 Sep 2022
Brent crude rose for the second successive day on Monday at the cash market close in London...
5 Sep 2022
Some of the measures that European governments have taken to keep electricity costs down can be described as a “Ponzi scheme,”...
5 Sep 2022
Petrobras is considering offering carbon capture and storage (CCS) solutions for third-party industrial...
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