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Prices down from six-week high as Norwegian supply rises

23/05/2025

Dutch and British wholesale gas prices fell on Thursday morning after hitting their highest level in more than six weeks

OPEC+ discusses making another large output hike in July, Bloomberg News reports

23/05/2025

OPEC+ members are discussing whether to agree on another large production increase at their meeting on June 1, Bloomberg News

With output hikes, OPEC+ again targets US shale oil

23/05/2025

Behind OPEC+’s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing

Asia Distillates: June spot offers continue; jet fuel cash diffs recover

23/05/2025

Asia’s middle distillates markets were thinly discussed on the trading window, though more June refiner spot offers popped up and

Middle East Crude-Benchmarks fall on potential further OPEC+ supply boost

23/05/2025

Middle East crude benchmark spot premiums of Oman, Dubai and Murban fell on Thursday after a report that OPEC+ is

US ‘not convinced’ about lower G7 price cap on Russian oil, European official says

23/05/2025

A European official said on Thursday that the United States is “not convinced” about lowering the Group of Seven nations

US says there are significant undiscovered oil and gas resources in Wyoming

22/05/2025

A new federal assessment has identified significant undiscovered, technically recoverable oil and gas resources in parts of Wyoming, Utah and

Gasoline crack gains despite rising stocks

22/05/2025

Asia’s gasoline refining profit margin extended gains on Thursday despite a rise in U.S. and Singapore inventories.

The crack rose to

Oil prices fall 1% on potential further increase to OPEC+ output

22/05/2025

Oil prices fell 1% on Thursday after a report that OPEC+ is discussing a production increase for July, stoking concerns

Lifting US sanctions on Iran could crush China’s ‘teapot’ oil refineries: Bousso

22/05/2025

The possible lifting of U.S. sanctions on Iran’s oil exports could deal a fatal blow to independent Chinese refineries that

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