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Gasoline crack drops below $7/bbl

23/07/2025

Asia’s gasoline refining profit margin plunged on Wednesday over expectations of rising supplies from China.

The crack slipped to $6.51 per

Trump says Japan, US to form LNG joint venture

23/07/2025

U.S. President Donald Trump said on Tuesday that Japan will form a joint venture to develop a liquefied natural gas

Oil prices stabilise after US-Japan trade deal

23/07/2025

Oil prices were little changed on Wednesday after falling for three consecutive sessions as a U.S. tariff deal with Japan

The Commodities Feed: Has the oil market surplus been delayed?

23/07/2025

Energy – Oil surplus and timespreads
Oil prices edged lower yesterday with ICE Brent settling 0.9% lower on the day

Holes in EU Russia sanctions put attention back on Trump oil threat

23/07/2025

The European Union’s latest effort to restrict Russia’s oil revenue is unlikely to hurt Moscow’s war effort severely, leaving U.S.

U.S. crude oil inventories down last week

23/07/2025

The American Petroleum Institute (API) on Tuesday reported a decrease of 577,000 barrels of crude oil in U.S. inventories for

Indian refiners’ June crude processing drops 4.2% from a month earlier

23/07/2025

Indian refiners’ crude throughput declined by 4.2% month-on-month in June to 5.41 million barrels per day (22.13 million metric tons),

Russia’s oil and gas revenue may fall in July by more than a third, Reuters calculations show

23/07/2025

Russian state oil and gas revenue is set to fall in July by around 37% from the same month in

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