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Prices inch up on colder weather forecasts

09/12/2023

Dutch and British wholesale gas prices inched up on Friday morning on forecasts for colder temperatures and less wind from

US seeks to buy up to 3 mln bbls of oil for Strategic Petroleum Reserve

09/12/2023

The U.S. Department of Energy on Friday said it wants to buy up to 3 million barrels of crude oil

Woodside, Santos could sell assets to overcome merger antitrust hurdles -source

09/12/2023

Oil and gas firms Woodside (OTC:) and Santos could overcome any “significant concerns” with a A$80 billion ($52 billion merger)

Asia Naphtha/Gasoline-Naphtha crack jumps 22% this week on crude weakness

09/12/2023

Asia’s naphtha markets gained about 22% this week due to weakness in crude oil benchmarks, although the upside was limited

Asia-Europe LNG spread at widest level in almost two years

09/12/2023

Prices for liquefied natural gas in Asia rose to their steepest premium over European prices for two years this week

The United States begins the winter with the most natural gas in storage since 2020

09/12/2023

Working natural gas in storage in the Lower 48 United States ended the natural gas injection season at 3,776 billion

Middle East Crude-Benchmarks rise as Saudi, Russia call for broader supply cuts

09/12/2023

Middle Eastern benchmarks Oman, Dubai and Murban increased marginally on Friday as spot trades gradually picked up and as the

Kremlin: Russia’s Putin, Iran’s Raisi discussed OPEC+ on Thursday

08/12/2023

Kremlin spokesman Dmitry Peskov said on Friday that Russian President Vladimir Putin and his Iranian counterpart Ebrahim Raisi had discussed

Asia Distillates-Cracks, differentials firm week on week as spot activity rises

08/12/2023

Asia’s middle distillates markets rose slightly week on week, on both the margins and cash differentials front, as spot market

Westwood Insight – Global land rig demand to grow 14% in 2023-2027, driven by China and countries in the GCC

08/12/2023

In the latest edition of its World Land Drilling Rig Market Forecast, Westwood reports that the land drilling rig market

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