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OPEC+ tweaks Nigeria, Angola oil output levels for 2024

04/12/2023

OPEC+ handed Nigeria a 2024 oil output target lower than Africa’s largest oil producer had hoped for while lowering Angola’s

Heavy oil discount tightens as new trade cycle gets underway

04/12/2023

The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) narrowed on

W. Africa Crude-Angolan sales slow as China demand weakens

04/12/2023

The pace of Angolan cargo sales is slow versus the preceding month, and differentials are under pressure, hurt by weaker

Med crude-Urals unchanged, oil loadings from Novorossiisk suspended

04/12/2023

Urals crude differentials to dated Brent remained stable, while oil loadings from the Black Sea’s Novorossiisk port were suspended on

Oil prices fall more than 2% as investors skeptical of OPEC+ cuts

04/12/2023

Oil prices slumped more than 2% on Friday on investor skepticism about the depth of OPEC+ supply cuts and concern

US speeds up return of oil to Strategic Petroleum Reserve -Energy Dept

04/12/2023

The U.S. Department of Energy has sped up the return of 4 million barrels of oil to the Strategic Petroleum

US natgas little changed as record LNG feedgas offsets record output

04/12/2023

U.S. natural gas futures were little changed on Friday as record flows to U.S. liquefied natural gas (LNG) export plants

Europe Distillates-Margins end week lower on stronger import forecasts

04/12/2023

Northwest European diesel margins ended the week lower at around $28.50 a barrel as imports into the region were set

US drillers add oil and gas rigs for third week in a row – Baker Hughes

03/12/2023

U.S. energy firms this week added oil and natural gas rigs for a third week in a row, energy services

Investors flock to US natural gas ETF despite price slump

03/12/2023

Investors have been piling into an exchange-traded fund (ETF) designed to track U.S. natural gas prices, in spite of the

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