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India’s April crude processing in biggest drop in at least nearly two decades


India’s crude oil processing in April slumped by 28.8% from a year earlier, its biggest drop since at least 2003,

Shanghai crude oil futures close higher


Crude oil futures closed higher Monday in daytime trading on the Shanghai International Energy Exchange.

The most active crude oil contract

Oil demand projected to drop by more than 10% for 2020


Oil demand is now projected to drop by 10.8 percent for 2020, or 10.7 million barrels per day (bpd) year-on-year,

Kazakhstan’s Karachaganak gas field tightens lockdown after coronavirus case


Kazakhstan has tightened lockdown measures at its biggest gas condensate field Karachaganak after confirming the first case of novel coronavirus

Oil steadies as demand uncertainty tempers supply cuts


Oil prices, which have been driven higher for the past four weeks, were steady on Monday, with holidays in Singapore,

Back To The 90s For Oil, Says Goldman Sachs


It’s “back to the future” for oil, says Goldman Sachs, as low prices reshape the industry into how it looked

Negative pricing seen spreading from oil to gas as European demand slumps


A month after U.S. crude oil prices collapsed into negative territory, European gas markets are facing the prospect of also

China’s comprehensive LNG import price up


China’s comprehensive import price index for liquefied natural gas (LNG) fell last week, according to the Shanghai Petroleum and Natural

Oil gains as coronavirus lockdowns ease, boosting hopes for demand pickup


Oil prices rose on Monday, erasing earlier losses, as countries around the world continued to ease lockdown measures imposed to

GLOBAL LNG-European price slump drags down Asian LNG


Asian spot prices for liquefied natural gas (LNG) were dragged down this week by a sharp drop in European gas

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