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Latest News
Syria Says U.S. Oil Firm Signed Deal with Kurdish-led Rebels
A U.S. senator and Secretary of State Mike Pompeo had referred to an oilfields deal…
Crude OilAugust 3rd 2020
Liquefied Natural Gas Could Be A Game Changer for Turkey
The share of LNG in imports stood at 29 percent in 2019.
Natural GasAugust 3rd 2020
Oil Edges Lower on Oversupply Concerns as OPEC+ Set to Raise Output
OPEC+ is set to step up output in August, adding about 1.5 million bpd to…
Crude OilAugust 3rd 2020
Headache for OPEC as Oil Market Structure Signals Return of Glut
The surplus market structure, when prompt prices are weaker than future prices, is also a…
Crude OilJuly 31st 2020
Shell Says Fundamentals of Business Still Strong As It Books $16.8 Billion Impairment
The company flagged a likely pick-up in refining in the current quarter as coronavirus lockdowns…
Natural GasJuly 31st 2020
Saudi Arabia May Cut Sept Crude Oil Prices to Asia
Prompt Dubai has flipped from backwardation into contango in late July.
Crude OilJuly 31st 2020
Hess Posted Smaller-Than-Expected Loss on Higher Output, Lower Costs
The outlook raise is not a surprise given the delay in maintenance, but will likely…
Crude OilJuly 30th 2020
Trump Says Export Terms for Liquefied Natural Gas Extended Until 2050
The administration had already proposed extending LNG export terms through 2050, though it finalized the policy…
Natural GasJuly 30th 2020
South Korean Refiners Post Record H1 Losses on Plunge in Oil Price, Demand
The lower run rates in the second quarter came as SK Energy shut down its…
Crude OilJuly 30th 2020
U.N. Still Waiting For Houthi Approval to Visit Decaying Oil Tanker off Yemen
The United Nations has warned that the Safer could spill four times as much oil…
Crude OilJuly 29th 2020