Oil and gas giants check into heartbreak hotel
Sports fans have the Super Bowl and Big Energy has its annual hoopla in Houston, where some 10,000 industry folks gather to celebrate the resources used to power the world. The latest CERAWeek event,...
View ArticleAsian spot LNG prices dip amid tepid demand
Asian spot liquefied natural gas (LNG) prices slipped this week to a three-month low, as tepid demand in the region persists and Europe continues to attract Atlantic basin cargoes. The average LNG...
View ArticleBarclays cuts 2025 Brent oil price forecast on soft demand view
Barclays lowered its 2025 Brent oil price forecast by $9 per barrel to $74 per barrel, citing a softer demand outlook amid elevated economic uncertainty. Brent crude futures were trading around $70 a...
View ArticleDon’t bank on “Drill, Baby, Drill”
One the Trump Administration’s mantras has been communicating intentions to increase U.S. oil production and bring down prices, which would help ease inflation pressures. But Austin Pickle, investment...
View ArticleAI leading to faster, cheaper oil production, executives say
Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as too difficult or expensive to develop, executives detailed during...
View ArticleOPEC+ output surges ahead of plans to ease voluntary cuts from Q2
OPEC+ crude output surged in February as the group struggles to maintain production discipline and readies for higher quotas from April, the latest Platts OPEC+ Survey from S&P Global Commodity...
View ArticleOil prices jump; optimism over China’s consumption stimulus boosts Asia shares
Oil prices surged on Monday, U.S. stock futures slid while those in Asia charged higher as investors took stock of the contrasting fortunes between the United States and the rest of the world. The week...
View ArticleMiddle East Crude-Benchmarks extend gains to their highest levels this month
Middle East crude benchmarks Oman, Dubai and Murban extended gains on Monday to reach their highest premiums this month. Taiwanese refiner CPC issued its monthly tender seeking sweet crude for June...
View ArticleChina made rare draw on crude oil inventories amid weak imports
China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports remained weak. It was the first time in 18 months that refinery throughput...
View ArticleGoldman lowers oil price views on slower demand growth, higher OPEC+ supply
Goldman Sachs has lowered its December 2025 and average 2026 forecasts for Brent and WTI crude oil prices, citing slower oil demand growth prospects and expectations of higher OPEC+ supply, it said in...
View ArticleChina Jan-Feb crude oil output down 0.2 % on yr – stats bureau
China’s January-February domestic crude oil production fell 0.2 % on year to 35.04 million metric tons, according to data released by the National Bureau of Statistics on Monday. National crude oil...
View ArticleUkraine, Russia energy assets in focus as Trump-Putin talks loom
U.S. President Donald Trump said he plans to speak to Russian President Vladimir Putin on Tuesday and discuss ending the war in Ukraine, with concessions being considered around land and “power...
View ArticleChina’s January-February refinery output up 2.1% on holiday travel, new refinery
China’s crude oil throughput in January and February rose 2.1% versus a year earlier, official data showed on Monday, supported by a new refinery and holiday travel, but weak refining margins...
View ArticleThe Commodities Feed: Geopolitical risks heat up
Energy – Geopolitical risks intensify Oil prices rose yesterday amid rising tensions in the Middle East, continuing the strength seen at the end of last week. ICE Brent settled almost 0.7% higher on...
View ArticleOil up 1% on Mideast risks, China stimulus
Oil prices rose more than 1% on Tuesday to their highest levels since the beginning of the month, supported by instability in the Middle East and China’s plans for more economic stimulus. Brent futures...
View ArticleRussia sees oil output at 515-520 million tonnes in 2025, Novak says
Russia’s Deputy Prime Minister Alexander Novak said on Tuesday that Russia’s oil output is expected to be 515-520 million metric tonnes in 2025. The volume of oil processing would be higher this year...
View ArticleRussia’s Gazprom Neft ready to raise oil output under OPEC+ deal, CEO says
Gazprom Neft SIBN is ready to raise oil output from April under the OPEC+ agreement, the head of the Russian oil producer said on Tuesday. The company does not plan to reduce oil refining in 2025 after...
View ArticleMiddle East Crude-Benchmarks hold steady; Basra discounts widen
Middle East crude benchmark Dubai was little changed on Tuesday, underpinned by demand from Vitol, ADNOC and Phillips 66 on the window. Iraqi Basra crude traded at wider discounts this month to...
View ArticleUrals, Dubai could strengthen relative to Dated Brent if Russia-Ukraine peace...
As the US tries to broker a Russia-Ukraine peace deal, traders say an end to the conflict could strengthen both Urals and Platts Dubai values relative to Dated Brent, putting significant pressure on...
View ArticleAfrica: Region struggling to market its oil and gas projects to investors
Tanzania’s efforts to lure investors to its upstream oil and gas prospects have received lukewarm reception over the past four years, raising concerns even as peers in the region auction more blocks....
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