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CNOOC starts gas production at new South China Sea block

30/07/2025

China’s CNOOC Ltd has begun producing gas from a new block in the Dongfang 1-1 field in the South China

Prices rangebound on strong supply

30/07/2025

Dutch and British wholesale gas prices rose slightly on Tuesday morning, trading in a narrow range, on strong supply and

Asia Distillates: Markets remain in limbo; diesel backwardation eases

30/07/2025

Asia’s middle distillates markets continued to be in limbo, with discussions remaining minimal on the trading window though a backwardated

Naphtha crack rises, gasoline steady

30/07/2025

Asia’s naphtha refining profit margin rose on Tuesday after two deals emerged at the trading window after a gap of

Middle East Crude-Oman, Murban rise; Dubai slips

30/07/2025

Middle East crude benchmark spot premiums of Oman and Murban rose on Tuesday, supported by healthy demand from Asia, while

Dangote Refinery drops lawsuit against Nigerian fuel importers

30/07/2025

Dangote Refinery has withdrawn its lawsuit against Nigeria’s midstream and downstream petroleum regulator and several fuel importers, including state-owned NNPC

Guyana’s oil output fell slightly in June to 664,000 bpd

30/07/2025

Average crude production in oil-rich Guyana declined to 664,000 barrels per day (bpd) in June from 667,000 bpd the previous

US natural gas prices rise on hot weather forecasts, contract expiry

30/07/2025

U.S. natural gas futures rose on Tuesday as hot weather forecasts in August are expected to boost air-conditioning demand, prompting

Indian refiner Nayara trims crude runs in wake of EU sanctions, sources say

30/07/2025

Russia-backed Indian refiner Nayara Energy has reduced operations at its 400,000-barrel-per-day refinery in the aftermath of new European Union sanctions

The Commodities Feed: Risk of additional Russia tariffs unnerves market

30/07/2025

Energy – Trump shortens the window for peace deal

ICE Brent rallied by more than 2.3% yesterday, pushing prices back above

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