Is Oil Implied Volatility Set to Surge on OPEC+, Automotive Revolution?
Could we see dramatically higher implied volatility in crude oil options in the coming months? In Q2 2025, OPEC+ will have to revisit its production cuts, which have taken 3.5 million barrels of oil...
View ArticleAsian LNG trading activity surges amid price declines, changing market sentiment
Trading activity in the Asia LNG Platts Market on Close assessment process and the broader LNG futures market experienced a notable spike in February, driven by fluctuating price spreads and shifting...
View ArticleEurope’s LNG summer buying binge puts market on razor edge
The European gas market is bracing for further volatility as it enters the crucial summer restocking season facing tighter global supplies of the liquefied natural gas on which it is now heavily...
View ArticleOPEC+’s ‘healthy’ crude oil market is an illusion, Trump effect isn’t
The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to “the healthy market fundamentals and the positive market outlook.” They must be looking at a...
View ArticleOil steady as tariff uncertainty keeps investors on edge
Oil prices held steady on Monday as concern over the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite for...
View ArticleThe Commodities Feed: Saudis cut prices
Energy – Saudis cut crude prices Downward pressure on US equities last week spilled over into the oil market, with ICE Brent settling almost 3.9% lower. Though prices managed to creep back above...
View ArticleUS energy secretary promises executives faster industry development
In one of his first meetings with oil and gas executives since being confirmed as U.S. energy secretary, Chris Wright said he intended to speed up permitting and support the industry, attendees told...
View ArticleUS oil and gas rig count unchanged this week, Baker Hughes says
U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday....
View ArticleRussia Turns to Crypto to Bypass Western Sanctions in Oil Trade
Russia has turned to cryptocurrencies to facilitate oil trade with China and India, effectively bypassing Western sanctions in its $192 billion oil trade, Reuters reported, citing sources familiar with...
View ArticleUS oil and gas rig count unchanged this week, Baker Hughes says
U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count,...
View ArticleQatar cuts May term price for al-Shaheen oil, sources say
QatarEnergy has lowered the May term price for al-Shaheen crude oil to $1.29 a barrel above Dubai quotes after selling five cargoes via its monthly tender, trade sources said on Friday. The drop in...
View ArticleTrump administration sends a clear message to the oil and gas industry:...
The officials leading President Donald Trump’s energy agenda made clear to oil, gas and mining executives this week that they have an ally in Washington who intends to make it as easy as possible for...
View ArticleOil investors still bullish on Namibia despite ‘wakeup call’
Deepwater oil discoveries by Shell and TotalEnergies catapulted Namibia’s Orange Basin to international prominence in early 2022 and led to comparisons with Guyana, where huge offshore discoveries in...
View ArticleNigeria will be able to meet OPEC output target, state oil company exec says
Nigeria will be able to meet OPEC’s production target, an executive from Nigeria’s state oil company NNPC said. After years of underperforming OPEC quotas, Nigeria met its OPEC targets in January, said...
View ArticleWest African crude differentials stable
West African crude differentials were steady on Friday, after coming under some pressure this week, according to traders. Traders discussed signs of downward pressure on light, sweet Nigerian grades...
View ArticleForties offered, grades steady
U.S. WTI Midland and North Sea crude differentials were steady on Friday with the sole activity in the Platts window being a higher Forties offer that did not draw buying interest. PLATTS WINDOW...
View ArticleTrump tariff threats are pushing Canada’s largest oil producer to break its...
The deeply integrated North American oil and gas market stands at crossroads, with Canada’s largest oil producer warning that it will diversify its exports away from the United States if President...
View ArticleDiscount on Western Canada Select heavy crude narrows
The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) narrowed again on Friday. WCS for April delivery in Hardisty, Alberta,...
View ArticleUrals diffs steady, Azeri BTC trades higher
Urals crude differentials were little changed on Friday in thin trade, while Azery BTC firmed after a deal in the Platts window, market sources said. Kazakh oil exports via the Baku-Tbilisi-Ceyhan...
View ArticleCoastal grades ease to over two-week low
U.S. coastal cash crude grades eased on Friday, dealers said, in a week of more tepid price moves following whiplash the week prior when the U.S. imposed tariffs on Mexico and Canada. Light Louisiana...
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