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Urals diffs unchanged, Turkey ramps up purchases of the grade to 1-year high

23/06/2025

Urals crude oil differentials to dated Brent were stable to dated Brent, while Turkey is set to increase buying of

WTI Midland at discount to US crude futures for first time since December 2022

23/06/2025

The differential for WTI Midland (WTC-WTM) versus U.S. crude futures flipped to a discount on Friday, dealers said, for the

Norway oil drilling workers agree wage deal, averting strike

23/06/2025

Norwegian labour unions have agreed to a wage deal, averting a strike at floating offshore oil and gas drilling rigs

Forties weakens, WTI steady

23/06/2025

North Sea Forties crude differentials eased further on Friday after a lower offer, while U.S. WTI Midland was steady.

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Oil to open higher as US strikes on Iran boost supply risk premium

22/06/2025

Oil is likely to rise by $3-5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran

US drillers cut oil and gas rigs for eighth week in a row, Baker Hughes says

22/06/2025

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an eighth week in

Russia’s Sechin: OPEC+ oil output rise justified amid Middle East conflict

22/06/2025

Decision by the OPEC+ group of leading global oil producers to speed up production increase now looks far-sighted and justified

Discounts deepen on Iranian oil in China as struggling teapots slow buying

21/06/2025

Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as

Goldman estimates geopolitical risk premium of around $10 per barrel for Brent after prices rise

21/06/2025

Following the rise in Brent prices to $76-77 per barrel, Goldman Sachs estimates a geopolitical risk premium of around $10

Middle East Crude-Dubai eases, Oman, Murban extend gains

21/06/2025

Middle East crude benchmarks were mixed on Friday with Dubai’s premium easing and Oman and Murban extending gains, as concerns

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