Middle East crude benchmark spot premiums of Oman, Dubai and Murban rose on Thursday, with Oman’s premium hitting a two-month

OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next,

It may appear quite audacious for the world’s largest natural gas producer to demand that its biggest market stop buying

Highlights

• World oil demand is forecast to increase by 740 kb/d y-o-y in 2025, up marginally from last month’s Report, with resilient deliveries in advanced economies contrasting with relatively muted consumption in emerging economies. OECD demand growth of 80 kb/d y-o-y

Crude Oil Price Movements

In August, the OPEC Reference Basket (ORB) value dropped by $1.24 month-on-month (m-o-m), to average $69.73/b. The

The United States wants to expand its energy ties with Greece, U.S. Interior Secretary Doug Burgum said during a visit

Asia’s diesel market structure eased further on Thursday, as trading liquidity remained stale on the window, while October spot sale

Italian gas and electric utility Edison plans to replace some gas volumes from pipeline contracts with liquefied natural gas to

Russian oil production increased in August to 9.173 million barrels per day, up 50,000 bpd from July, OPEC monthly data

Saudi Aramco, the world’s biggest oil company, raised $3 billion from a sale of Islamic bonds, a term sheet showed