China, the US, and Europe are intensifying efforts to rebuild oil inventories, capitalizing on lower prices and concerns about shipping disruptions in the Middle East.
February 17, 2024
In a significant development for the global oil and gas market, Guyana crude cargo has traded for the first time in the Platts Market on Close (MOC), marking a milestone for this emerging player in the energy landscape.
February 17, 2024
Red Sea Disruptions Prompt Temporary Fragmentation as Traders Bolster Bullish Bets on Oil.
February 13, 2024
After prices for crude benchmarks fell in the previous week thanks to news that a ceasefire in Gaza was likely, they climbed due to reports indicating that the ceasefire proposal had been rejected.
February 12, 2024
In 2023, US crude exports soared to a record 4.06MM b/d, marking a 14% increase from the previous year and reaching 4.06MM b/d.
February 11, 2024
The US EIA and BMI, a Fitch Solutions company, have disclosed their latest forecasts for Brent oil prices, shedding light on the intricate landscape of the oil and gas market.
February 11, 2024
A recent survey conducted by S&P Global Platts has revealed that oil production within the OPEC+ group experienced the most significant drop in six months during Jan.
February 11, 2024
Norway's oil dynamics are undergoing pivotal changes, marked by unexpected projections for the decline of Europe's top oil field, Johan Sverdrup, and Equinor's commitment to stable production up to 2035.
February 11, 2024
India, a growing consumer and importer in the global energy landscape, maintains a strategic balance in its crude oil imports, forging partnerships with key producers worldwide.
February 11, 2024
In a seismic shift, Spain, once reliant on Nigerian crude, underwent a pivotal change in 2023, making the US its leading crude supplier.
February 11, 2024
