Oil futures fell about 1.5% on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza

U.S. crude oil inventories have depleted faster than normal over the last four weeks – squeezing hedge funds running short

Middle East crude benchmark Dubai extended losses for a third session on Friday despite robust demand from PetroChina while Murban’s

Asia to dominate demand growth
The supply side of the equation is relatively easy to forecast, given the visible pipeline of projects. However, demand is a lot more difficult to forecast. This is particularly due to the current energy transition, and

Asia’s middle distillates markets recorded margin rebounds for the first time in four weeks, despite physical cargo activity toning down

After reporting a smaller than expected drop in second-quarter net profit, Italian energy group Eni ENI.MI promised to accelerate its

South Korea’s S-Oil 010950.KS, whose main shareholder is Saudi Aramco 2222.SE, on Friday forecast that third-quarter refining margins would rebound,

Asia’s naphtha market gained about 5% this week on the back of weakness in crude oil benchmarks, but demand signals

Dutch and British wholesale gas prices edged higher on Friday morning with volatile wind speeds increasing gas demand from power

After years of exploration and more than A$10 billion in losses, Arrow Energy is progressing development of its Surat Gas