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Sempra Infrastructure and JERA Sign Heads of Agreement for U.S. LNG Supply

16/06/2025

Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced it has executed a non-binding heads of agreement (HOA) with

WTI Midland falls to 2-1/2-year low, medium sour grades firm

15/06/2025

WTI Midland differentials to crude oil at the Cushing storage hub weakened to its lowest in two and a half

US drillers cut oil/gas rigs for 7th week to lowest since 2021, Baker Hughes says

15/06/2025

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in

Diesel most exposed to Middle East conflict, US futures surge 8%

15/06/2025

U.S. ultra-low sulfur diesel futures hit the highest level since February, outpacing gains in oil and gasoline as analysts warned

IEA says it stands ready to tap emergency oil stocks, OPEC sees no need

14/06/2025

The West’s energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following

Europe & Africa Market Update 13 Jun 2025

14/06/2025

Changes on the day to 09.00 GMT today:

  • VLSFO prices up in Durban ($47/mt), Rotterdam ($37/mt) and Gibraltar ($36/mt)
  • LSMGO prices up in Gibraltar ($49/mt) and Rotterdam ($47/mt)
  • HSFO prices up in Durban ($44/mt), Gibraltar ($36/mt) and Rotterdam ($34/mt)
  • Rotterdam B30-VLSFO premium over VLSFO

EU gas prices at 10-week intraday high after Israeli strikes on Iran

14/06/2025

Dutch wholesale gas prices rose to their highest intraday level in 10 weeks on Friday morning trade after Israeli strikes

Woodside, Australian gov’t extend consultation period for North West Shelf environmental approval

14/06/2025

Woodside Energy WDS and the Australian government said on Friday they have extended the consultation period for conditions tied to

Oil moves shake up risk off currencies

13/06/2025

The dollar is behaving like a safe haven again on Friday for the first time in a long time, up

Most G7 members ready to lower Russian oil price cap without US

13/06/2025

Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap

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