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Europe Gas: Prices down on lower forecast demand, stable supply

02/02/2024

Dutch and British wholesale gas prices mostly edged down on Thursday morning as demand was forecast to fall due to

Shell boosts dividend after $28 billion profit for 2023

02/02/2024

Shell reported a $28 billion annual profit on Thursday after beating fourth quarter earnings forecasts on strong liquefied (LNG) trading,

Asia Naphtha/Gasoline-Naphtha falls for third straight day

02/02/2024

Asia’s naphtha markets weakened for the third consecutive session on Thursday amid lower demand, although fears of supply disruption due

Middle East Crude-Benchmarks advance; OPEC+ meeting outcome in focus

02/02/2024

Middle East crude benchmarks Oman, Dubai and Murban strengthened on Thursday, the first trading day for the April-loading cargoes.

The market

Return of US oil sanctions on Venezuela to hit revenue, fuel imports

01/02/2024

A reimposition of U.S. sanctions on Venezuela’s oil and gas sectors would hurt the OPEC country’s ability to collect cash

Oil dips on faltering China economy, US crude stock build

01/02/2024

Oil prices fell on Wednesday, pressured by low economic activity in leading crude importer China and a surprise build in

Asia Naphtha/Gasoline-Naphtha markets ease as high prices hit demand

01/02/2024

Asia’s naphtha markets extended losses on Wednesday as high prices made trades unviable for a second straight session, market players

Oil producer Hess beats profit estimates on higher Bakken, Guyana output

01/02/2024

Oil and gas firm Hess HES.N beat Wall Street estimates for fourth-quarter profit on Wednesday, buoyed by higher production in

Middle East Crude-Dubai, Murban dip; Saudi Arabia may raise March OSPs

01/02/2024

Middle East crude benchmarks Dubai and Murban ticked down on Wednesday as traders concludeddeals for March-loading cargoes while waiting for

Key ways to track China’s emissions potential in 2024

01/02/2024

China’s emissions from electricity generation jumped nearly 6% to new highs in 2023, but its ongoing property crisis that curbed

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