OPEC+ goes with another large supply hike

Despite OPEC+ originally announcing three larger-than-expected supply hikes this year (the latest being a 411k b/d increase for July), which have essentially cemented the shift in the group's output policy, oil prices have held

Dutch and British wholesale gas prices declined slightly on Friday morning amid stable supply and weak demand.

The benchmark Dutch front-month

BP’s BP. second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream

India needs to increase its petrochemical production capacity to meet local and global demand and contain China’s growing dominance of

U.S. natural gas futures held steady on Friday as rising flows to liquefied natural gas (LNG) export plants offset forecasts

Last month’s start-up of LNG Canada, the country’s first large-scale liquefied natural gas export facility, has failed to lift Western

West African crude oil differentials were steady on Friday, ahead of the start of the September loading schedule.

* Angola’s September

Asia’s middle distillates markets were brimming with spot offers for August on Friday, though prices took a slight breather and

The price of Russia’s Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western

Middle East crude benchmark spot premiums of Oman, Dubai and Murban slipped on Friday and registered weekly declines as OPEC+