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EU’s new Russia sanctions aim for more effective oil price cap

22/07/2025

The European Union agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at

Russia-backed Indian refiner condemns EU curbs, weighs legal options

22/07/2025

Russia-backed Indian refiner Nayara Energy condemned the European Union’s sanctions on it and said it was exploring legal options against

Saudi Arabia crude exports hit three-month high in May

22/07/2025

Saudi Arabia’s crude oil exports in May rose to their highest in three months, data from the Joint Organizations Data

US natgas prices fall 6% to 1-week low on record output, lower demand forecasts

22/07/2025

U.S. natural gas futures fell about 6% to a one-week low on Monday on record output, forecasts for less hot

Dutch prices dip on strong supply, higher wind output

22/07/2025

Dutch wholesale gas prices retreated on Monday morning as supply from Norway rose and wind power output rebounded, curbing demand

Turkey wants new arrangement with Iraq over suspended oil pipeline

22/07/2025

Turkey still wants to revive an oil pipeline with Iraq that has been shut for two years due to a

Indonesia’s first-half oil output below target, gas above target

22/07/2025

Indonesia’s oil production in the first six months of 2025 was 579,300 barrels per day, while gas output was 6,820

Naphtha margin lingers near 1-year lows

22/07/2025

Asia’s naphtha refining profit margin lingered near one-year lows for a second straight session on Monday amid abundant supply and

Finding Nemo, the IEA discovers its ‘missing barrels’

22/07/2025

The International Energy Agency (IEA) has again found its ‘missing barrels’. Although the term should be viewed as a misnomer. Barrels are never actually missing; it is just that global demand for oil is being materially under-counted.

This is highlighted once

Middle East Crude-Dubai, Murban rise; Oman slips

22/07/2025

Middle East crude benchmark spot premiums of Dubai and Murban ticked up on Monday, while that of Oman slipped. Benchmarks

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