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The Commodities Feed: All is not well within OPEC+

24/04/2025

Energy – OPEC+ struggles
While a risk-on move lifted most risk assets yesterday, oil was left behind thanks to OPEC+

OPEC+ to consider another accelerated oil output increase for June

24/04/2025

Several OPEC+ members will suggest accelerating oil output hikes in June for a second consecutive month, three sources familiar with

Saudi Arabia slashes crude burn, taps gas for power generation by 2030

24/04/2025

Crude burn—the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation—has long been a

Kazakhstan says oil output levels decided by national interest, not OPEC+

24/04/2025

Kazakhstan will prioritise national interests over those of the OPEC+ group when deciding on oil production levels, the country’s newly

US oil refiners’ Q1 profits likely fell despite stronger margins

24/04/2025

Investors are expecting top U.S. refiners to report quarterly losses, even as their margins improve, as they brace for the

Europe Gas Prices inch up but remain rangebound

24/04/2025

Dutch and British wholesale gas prices inched up on Wednesday morning but remain rangebound, lacking a clear direction.

The benchmark Dutch

Norway’s oil and gas output down 4.9% in March

24/04/2025

Norway’s combined oil and gas production declined by 4.9% in March but still exceeded an official forecast for the month

Naphtha margin stable; gasoline gains

24/04/2025

Asia’s naphtha refining profit margin was steady on Wednesday after window activity remained thin for a fourth straight session, but

Middle East Crude-Dubai, Murban dip; Oman nudges up

24/04/2025

Middle East crude benchmark spot premiums of Dubai and Murban dipped on Wednesday, while that of Oman nudged up.

Oil prices

Saudi crude output hits 8.95m bpd: JODI data

24/04/2025

Saudi Arabia’s crude oil production rose to 8.95 million barrels per day in February, marking a 0.34 percent monthly increase,

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