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Oman LNG boosts market position with record output, new contracts

29/07/2025

Oman LNG achieved its highest-ever production in 2024, while maintaining exceptional safety standards and a plant efficiency rate of 98.23%,

Asia Distillates: Market backwardation stays firm; traders eye Aug China exports

29/07/2025

Asia’s middle distillates markets kickstarted Monday with thin spot liquidity, against a backdrop of softening ICE gasoil futures and firm

Review of crude and product price movements in the first half of 2025

29/07/2025

Crude oil prices experienced heightened volatility during 1H25, largely driven by geopolitical developments in the Middle East and Eastern Europe, as well as uncertainty surrounding US trade policy toward key economic partners. These developments weighed on market sentiment and contributed

Saudi Arabia may hike September oil prices to Asia for second month

29/07/2025

Saudi Arabia, the world’s biggest oil exporter, may hike crude oil prices for Asian buyers for the second month in

Russian Urals oil prices firm in Indian ports vs Brent benchmark

29/07/2025

Prices for Russia’s flagship Urals crude oil for delivery to Indian ports in late August/early September firmed further, while discounts

EIA: Onshore crude oil production on federal lands has increased in recent years

29/07/2025

Crude oil production from onshore federal lands has increased in recent years as a result of significant growth in drilling activity and operations. According to data collected by the U.S. Department of the Interior's Office of Natural Resources Revenue, onshore

Middle East Crude-Oman, Dubai steady; Murban declines

29/07/2025

Middle East crude benchmark spot premiums of Oman and Dubai held steady on Monday, while that of Murban extended declines

Russia’s Medvedev calls EU-US deal ‘anti-Russian’ over potential fallout for Russian oil and gas

29/07/2025

Former Russian President Dmitry Medvedev said on Monday that a framework trade agreement struck between the European Union and the

Brazil’s Petrobras to lower natural gas prices by 14%

28/07/2025

Brazilian state-run oil company Petrobras will lower the price of natural gas sold to distributors by an average of around

Naphtha crack up, backwardation narrows

28/07/2025

Asia’s naphtha refining profit margin edged higher on Monday after underlying prices fell in line with weakness in crude markets

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