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IEA says it stands ready to tap emergency oil stocks, OPEC sees no need

14/06/2025

The West’s energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following

Europe & Africa Market Update 13 Jun 2025

14/06/2025

Changes on the day to 09.00 GMT today:

  • VLSFO prices up in Durban ($47/mt), Rotterdam ($37/mt) and Gibraltar ($36/mt)
  • LSMGO prices up in Gibraltar ($49/mt) and Rotterdam ($47/mt)
  • HSFO prices up in Durban ($44/mt), Gibraltar ($36/mt) and Rotterdam ($34/mt)
  • Rotterdam B30-VLSFO premium over VLSFO

EU gas prices at 10-week intraday high after Israeli strikes on Iran

14/06/2025

Dutch wholesale gas prices rose to their highest intraday level in 10 weeks on Friday morning trade after Israeli strikes

Woodside, Australian gov’t extend consultation period for North West Shelf environmental approval

14/06/2025

Woodside Energy WDS and the Australian government said on Friday they have extended the consultation period for conditions tied to

Oil moves shake up risk off currencies

13/06/2025

The dollar is behaving like a safe haven again on Friday for the first time in a long time, up

Most G7 members ready to lower Russian oil price cap without US

13/06/2025

Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap

W. Africa Crude-Differentials improve for barrels going west

13/06/2025

Some West African crude oil differentials narrowed on Thursday, on improved demand from Western buyers.

Some margins are improving, particularly for

Window trades slow; GS Caltex and FPCC July sales in discount

13/06/2025

Asia’s middle distillates markets’ trading momentum slowed on the window on Thursday, though July spot refiner discussions hovered at similar

Europe Gas: Prices rise slightly as wind output expected to weaken

13/06/2025

Dutch and British wholesale gas prices rose slightly on Thursday morning as wind output was expected to decrease and liquefied

Middle East Crude-Benchmarks rise after Brent, WTI jump on US-Iran tensions

13/06/2025

Middle East crude benchmarks Oman and Dubai rose on Thursday following a jump in global crude futures on worries of

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