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Asian spot prices flat as weak demand, rising Europe supply caps gain

02/06/2025

Asian spot liquefied natural gas (LNG) prices were flat this week after three weeks of gains, as low demand from

US drillers cut oil and gas rigs to lowest since November 2021, Baker Hughes says

02/06/2025

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

Russia’s Rosneft says Q1 net profit less than half a year ago, at $2.2 bln

02/06/2025

The net profit of Russia’s largest oil producer Rosneft was 170 billion roubles ($2.19 billion), the company said on Friday,

Bye-bye buybacks? Big Oil’s record-breaking shareholder payouts are under threat

02/06/2025

A protracted slump in crude prices has ramped up the pressure on Big Oil’s commitment to allocate cash to shareholders.

Western

US ethanol output eases off record pace as summer travels heat up: Braun

02/06/2025

Record volumes of U.S. ethanol have been churned out since late last year, largely due to an uptick in exports

Gasoline profit margins edge lower

02/06/2025

Northwest European gasoline profit margins fell slightly to about $15 a barrel on Friday despite a drop in regional inventories,

Natural gas bulls should bemoan Indonesia’s coal export blues: Maguire

02/06/2025

Developers and exporters of natural gas should be alarmed by the dour state of thermal coal exports coming out of

Saudi Arabia set to lower July oil prices for Asia

31/05/2025

Saudi Arabia is set to reduce its July crude oil prices for Asia to a six-month low, mirroring declines in

Tight US fuel inventories add supply risks to above-average hurricane season

31/05/2025

Low levels of fuel inventories in the United States have stoked supply jitters ahead of expectations for an above-average hurricane

OPEC: Non-Declaration of Cooperation liquids supply developments

31/05/2025

In 2024, liquids supply from countries not participating in the Declaration of Cooperation (non-DoC) is estimated to have increased by 1.3 mb/d to average 53.2 mb/d. Most of the growth came from the US, with liquids production increasing by 0.8

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