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Trump’s flip-flop on emergency oil reserves has its merits

14/07/2025

U.S. President Donald Trump’s signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his previous vow to

Grades mixed as rig count falls, refinery demand grows

14/07/2025

Grades were mixed on Friday, dealers said, with future supply expected to fall on a lower rig count, while refinery

Discount on Western Canada Select widens

14/07/2025

The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Friday.

WCS for August

Energy: Global Excess or Shortage of Power?

14/07/2025

Recent conflict in the Middle East had raised concerns about higher energy prices, but crude oil prices reversed course amid

Gasoline profit margins dip

14/07/2025

Northwest European gasoline profit margins fell by over $2 on Friday to $13.32.

A total of 8,000 tons on Eurobob E5

Taiwan’s CPC Corp eyes US shale gas assets, sources say

14/07/2025

Taiwan’s state-owned energy company CPC Corp is in early stage discussions to buy shale-gas producing assets in the United States,

US natgas prices ease as less hot forecasts offset rising LNG export flows

14/07/2025

U.S. natural gas futures eased on Friday as forecasts for less hot weather and lower demand next week than previously

Chevron says offshore well start-up caused Mars crude quality issues

13/07/2025

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening

Russia’s idle oil refining capacity revised up by 20% in July, data shows

13/07/2025

Russia’s offline primary oil refining capacity has been revised up by 20% in July from the previous plan to 3.9

Russian Urals oil prices hold below price cap on weaker Brent, Reuters calculations show

12/07/2025

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

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