The spot price of liquefied natural gas (LNG) in Asia has largely shrugged off an outage at a major U.S. export plant, amid signs that demand in the world’s top-importing region remains tepid. The explosion […]
NEW DELHI, June 13 (Reuters) – Russia rose to become India’s second biggest supplier of oil in May, pushing Saudi Arabia into third place but still behind Iraq which remains No. 1, data from trade […]
June 13 (Reuters) – Major Gulf bourses declined in early trade on Monday, in line with Asian shares and oil prices as an unexpected spike in U.S. inflation renewed fears over policy tightening and economic […]
ENB Publishers Note: While I am in favor of using any steady supply of electricity to get people out of poverty, natural gas is about the cheapest and least impactful on the environment. Being in […]
The Middle East’s top oil exporter, Saudi Aramco, was heard to have issued full July term crude volumes to some Asian buyers though refiners in China were heard to have nominated lesser volumes amid weak […]
Stocks, the dollar and crude oil firmed on Monday as investors positioned themselves for more direction on interest rates and the economy from a string of central bank meetings spilling into next week. The European […]
The U.S. and EU have levied massive sanctions against Russia. Moscow has managed to stay one step ahead of the West with the help of Indian and Chinese refiners and tankers. As long as India […]
Russia’s invasion of Ukraine has altered the global oil trade. EU leaders agreed to ban the majority of Russian crude imports, but even prior to the official action imports to Northwest Europe were down. More […]
China’s independent refiners may aim to keep potential risk at bay and refrain from taking Iranian barrels in the near term following a new set of sanctions imposed by US authorities, as plentiful availability of […]
Russia’s flagship crude grade, which was sold mostly to Europe before the Russian invasion of Ukraine, is still selling, but predominantly in Asia, and at a huge discount to Dated Brent. The price of the […]
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