Tag: oil prices

Net Zero Will Make or Break One of the UK’s Wealthiest...

Oil prices may be booming again, but growing demand for cheap home-grown energy as Russia's war in Ukraine squeezes supplies is giving Aberdeen another...

Japanese Utilities’ LNG Stocks Trending

A recent news article published in the Platts states that Japanese utilities' LNG stocks increase, up almost 4% on week to 2.39 million mt. S&P...

Oil Plunges 3% Overnight For These Reasons

Weak China, US data sends oil plunging 3% overnight Iranian nuclear talks see progress Prompt ICE Brent time spread shrinks to 3-month low A...

Oil Rates Stay Steady Amid Tight Supply & Economic Crisis

Oil prices were steady in a seesaw session on Tuesday as worries about economic growth offset supply concerns and the prospect of higher demand...

Tax Cuts, Subsidies Reflect Asia Belief Expensive Oil Is Here To...

Desperate times call for desperate measures, and for Asian governments it's time to act rather than wait for oil prices to cool, reports Platts. Oil...

“NOPEC” To Break OPEC Cartel

A decades-old, failed effort by United States politicians to break the chokehold of a select few countries on the oil market has found new...

A Surprise Draw This Week For Crude Oil Of 4.28 Million...

  The American Petroleum Institute (API) estimated that there was a surprise draw this week for crude oil of 4.28 million barrels, compared to...

Russian Crude Faces Dearth Of Buyers Following Sanctions

Russian producers seek ways to offer financial support Payment concerns grow, China takes a step back North Asian refiners under pressure to cut...

It’s Time For Asian Refiners To Find Russian Alternative

OPEC+ should ideally raise output by more than 800,000 b/d Saudi Arabia content with high prices, unlikely to boost supply Iranian crude not...

Instable China’s Oil Market Demand For This Reason

Oil product demand may fall by 4% from original estimations Jet fuel, gasoil, gasoline most hit Analysts to observe government's policy adjustment A recent...
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