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US oilfield firms fall on demand concerns as Aramco cuts capacity target

30/01/2024

Shares of top oilfield services provider SLB SLB.N tumbled nearly 10% and weighed on the benchmark S&P 500 index on

Middle East Crude-Benchmarks mixed; Saudi Aramco asked to cut max capacity

30/01/2024

Middle East crude benchmarks were mixed on Tuesday, with Dubai rising while Oman and Murban drifted lower.

Spot premiums for Mideast

US natgas prices plunge to 9-month low on new front-month, mild forecasts

30/01/2024

U.S. natural gas futures plunged to a nine-month low on Tuesday after the lower-priced March contract became the front-month and

Asia Distillates-China oil majors offer Feb sale tenders; premiums slip

30/01/2024

Asia’s middle distillates markets recorded more spot sale tenders from major Chinese oil firms on Tuesday, while trading activity in

The Commodities Feed: Crude oil retreats

30/01/2024

Energy – Saudi Aramco abandons capacity increase plans for now

ICE Brent softened yesterday and has been trading at around US$82/bbl

Nigeria oil enters unclear new era after Shell’s onshore asset sale

30/01/2024

Shell’s exit from Nigeria’s onshore oil sector highlights risks oil majors face in Africa’s biggest exporter but has raised hopes

No impact of Red Sea crisis on crude oil supply to India except higher freight charges, says HPCL chairman

30/01/2024

Rejecting the impact of the ongoing Red Sea attacks on India’s oil imports, Hindustan Petroleum Corporation Ltd (HPCL) chairman Pushp

Oil inches up on Middle East concerns; China worries limit gains

30/01/2024

Oil prices gained on Tuesday following a more than 1% drop the previous session as escalating geopolitical tensions in major

Funds slash bearish positions in US crude as stocks drain

30/01/2024

Portfolio investors recoiled from short positions in U.S. crude futures and options in the most recent week as depleting inventories

What does the future hold for global LNG supply after Biden’s decision?

30/01/2024

The next decade of liquefied natural gas seemed on track, after the chaos of 2022.
The US, Qatar and some African

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