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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

China’s fuel oil output surges in April


China’s fuel oil production saw robust growth in April, according to data from the National Bureau of Statistics.

The output of

U.S. shale bust slams rural economies as oil checks shrivel


Royalties from oil pumped on Paul Ruckman’s land allowed the South Texas retiree to build a six-bedroom, seven-bathroom vacation home.

Trafigura takes a bet with North Sea oil on post-lockdown revival


Commodities trader Trafigura has seized the moment and taken a rare dominant position in the North Sea crude market over

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