An old Japanese proverb suggests that even dust, when piled up, can become a mountain. For many years, Japan has
The U.S. oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices
Goldman Sachs on Sunday forecast a slightly larger oil surplus in 2026, as supply upgrades in the Americas outweigh Russia’s
Saudi Arabia, the world’s top oil exporter, has cut the official selling price for the Arab Light crude it sells
Asia’s middle distillates markets kicked off the week with thin window liquidity, as prices barely moved, though traders were still
Middle East crude benchmark spot premiums of Oman, Dubai and Murban gained on Monday, after OPEC+’s weekend decision to raise
Italy and the United States on Monday vowed to deepen energy ties including through increased exports to Italy of liquefied
Moscow and Beijing have staged a communication and diplomatic coup that could firmly anchor Russian gas flows eastward. If materialized,
Dutch and British wholesale gas prices rose slightly on Monday morning on higher demand and lower send-out from liquefied natural
Asia’s naphtha refining profit margin was up slightly on Monday amid thin window activity, while the underlying prices for the