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US oil and gas companies learn to live with higher standards

29/05/2023

The standard shorthand for political allegiances in the US divides the country into red (Republican) and blue (Democratic) states, but

US fuel oil production set to decline this month

29/05/2023

Total US fuel oil production is on track to decrease this month after output declined last week by the largest

China’s yearly natgas use logs first decline in over three decades – EIA

29/05/2023

China’s natural gas consumption and LNG imports dropped in 2022 as a result of lower economic growth and higher gas

Oil gains after US leaders strike debt deal

29/05/2023

Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the

Oil short positions surge ahead of OPEC+ meeting

29/05/2023

The number of short positions in oil essentially betting that prices will fall has risen ahead of the next OPEC+

Could another OPEC cut see crude return to $100 a barrel?

29/05/2023

Oil prices have rallied this week with Brent (BZ=F) and US West Texas Intermediate (CL=F) trading around $77 (£62.28) and

Asia Pacific offshore rig supply shrinking and day rates surging

29/05/2023

Since Westwood’s last Asia Pacific (APAC) offshore drilling rig insight, the market – as predicted – has reached utilisation levels

Refining’s perfect storm passes

29/05/2023

For consumers of oil products, lulled into a false sense of security by moderate fuel prices over much of the

Asian spot LNG prices slide for fifth straight week on low demand

29/05/2023

Asian spot liquefied natural gas (LNG) prices have weakened for the fifth consecutive week on muted demand due to healthy

Russia leaning towards leaving oil output unchanged ahead of OPEC+ meeting

29/05/2023

Russia is leaning towards leaving oil production volumes unchanged ahead of an OPEC+ policy meeting on June 4 because Moscow

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