The Middle East is a significant contributor to onshore rig demand, accounting for c.10% of the global identified fleet of

U.S. natural gas futures rose to a six-week high on Monday on forecasts for more heating demand this week than

Russia’s rouble was supported by stronger oil prices on Tuesday, but gains were limited as tensions with Ukraine ramped up,

Saudi Arabia: The International Energy Forum (IEF) today issued a report indicating that global oil consumption from transportation fuels in

Hedge funds resuming buying petroleum last week, with a focus on Brent, as confidence steadied following the wave of selling

Energy

Oil prices have started the week under pressure, with ICE Brent trading down around 0.5% at time of writing. A

Phasing out fossil fuel is a crucial step to address the climate emergency. But to do so will mean facing

Azerbaijan’s State Oil Company (SOCAR) produced more than 1.9 million tons of oil and over 1.9 billion cubic meters of

China boosted the flow of crude oil into storage tanks in March as strong imports and domestic output exceeded an

In 2018, the U.S. manufacturing sector consumed 19.4 quadrillion British thermal units (Btu) of energy, according to EIA’s latest Manufacturing