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OPEC+ set to make another accelerated oil output hike on Saturday, sources say

05/07/2025

Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources

How has U.S. energy use changed since 1776?

05/07/2025

In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. energy consumption in

Middle East Crude-Dubai, Murban decline; log weekly gains

05/07/2025

Middle East crude benchmark spot premiums in Dubai and Murban declined on Friday, but logged weekly gains due to healthy

Asia Distillates: Diesel markets ease; jet fuel cash diffs turn to discount

05/07/2025

Asia’s middle distillates market eased slightly on Friday after a few strong sessions, with traders awaiting clearer direction on spot

Angola hikes diesel price again to bolster public finances

05/07/2025

Angola hiked the diesel price by one-third from Friday as part of the government’s drive to curb costly subsidies and

Saudi Aramco considers power assets sale to raise billions, sources say

05/07/2025

Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the

Australia’s Santos signs LNG supply deal with QatarEnergy’s unit

05/07/2025

Australian oil and gas producer Santos STO said on Friday it had signed a mid-term liquefied natural gas supply deal

Europe Gas: Prices in narrow range on stronger wind, healthy supply

05/07/2025

Dutch and British wholesale gas prices were trading in a narrow range on Friday morning due to healthy supply and

Argentina lifts gas restrictions as supply crunch eases

05/07/2025

Argentina has begun normalizing natural gas transport and lifting supply restrictions on industries after a severe cold snap led to

Oil falls as Iran affirms commitment to nuclear treaty

04/07/2025

Oil futures fell slightly on Friday after Iran reaffirmed its commitment to nuclear non-proliferation, while major producers from the OPEC+

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