Asia’s middle distillates markets turned slightly quiet on window on Thursday, with trading sentiment slightly mixed given fresh supply issues
Middle East crude benchmark spot premiums of Oman fell sharply on Thursday to their lowest since December, while those of
Energy – Sentiment improves for now
Oil markets strengthened yesterday as sanction risks against Russia increase, while the market appears to
Russia’s offline primary oil refining capacity is set to rise by 9.5% in June from May to 3.23 million metric
Oil prices rose by around $1 a barrel on Thursday after a U.S. court blocked most of President Donald Trump’s
OPEC+ oil producers have three layers of output cuts in place after agreeing the first cutback in 2022. This year,
The EU and UK are keen to lower the price Russia gets for its legally sold seaborne oil. However, there
The American Petroleum Institute (API) has reported a significant decrease in the inventory levels of US crude oil, gasoline, and
OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said
Dutch and British wholesale gas prices were little changed on Wednesday morning amid stable supply and weak demand.
The benchmark Dutch