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Middle East Crude-Benchmarks post weekly decline as OPEC+ hikes supply

07/06/2025

Middle East crude benchmark spot premiums of Oman, Dubai and Murban posted weekly declines, as OPEC+ decided another output hike

HSBC flags downside risks to Brent price outlook due to OPEC+ supply hikes

07/06/2025

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the

Asian Gasoline margin lingers near $10/barrel

06/06/2025

Asia’s gasoline refining profit margin was little changed this week as the focus remained fixed on Indonesian Pertamina’s term tenders,

US natgas prices edge up as higher output offsets lower flows to LNG export plants

06/06/2025

U.S. natural gas futures edged up about 1% on Friday as an increase in daily output in recent days offset

Oil prices headed for rebound this week as US-China trade talks resume

06/06/2025

Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President

New South Korean president likely to boost flexibility in crude oil trade diplomacy

06/06/2025

The South Korean petroleum industry is anticipating that President Lee Jae-myung’s commitment to pragmatic diplomacy will significantly enhance flexibility in

U.S. renewable diesel production and biodiesel production declined in 1Q25

06/06/2025

U.S. production of renewable diesel and biodiesel fell sharply in the first quarter of 2025 (1Q25) because of uncertainty related

Britain’s Centrica agrees $27 billion deal to import gas from Norway

06/06/2025

British Gas owner Centrica (CNA.L), has signed a 10-year deal worth more than 20 billion pounds ($27.07 billion) with Norway’s

Global energy investment set to rise to $3.3 trillion in 2025 amid economic uncertainty and energy security concerns

06/06/2025

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, a new IEA report says, with clean energy technologies attracting twice as much capital as fossil fuels.

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Saudi Arabia lowers July oil prices for Asia after OPEC+ supply boost

06/06/2025

Saudi Arabia, the world’s biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after OPEC+ hiked output

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