The Real Reason Behind U.S. Resuming Iraqi Kurdistan Oil Imports
An oil tanker carrying crude from the Kurdistan Region of Iraq (KRI) unloaded its cargo at a U.S.…
Tokyo Gas to Invest in US Downstream Assets to Drive Growth
(Bloomberg) — Tokyo Gas Co., Japan’s biggest distributor of the fuel, plans to invest in US downstream assets…
China Upends the Weak Oil-Demand Narrative
China’s latest oil import data has been rather bullish, with November imports rising 5% year on year. Not…
Turkey Eyes US Gas Field Investments After Wave of LNG Deals
(Bloomberg) — Turkey is exploring investments in US oil and gas fields as it accelerates a sweeping overhaul…
Murban’s Growing Market Depth Puts It Head-to-Head With WTI in Asia
Back in 2016, Murban crude was introduced into the Dubai basket, along with Al-Shaheen, as a response to…
India’s Torrent Gas Hires Citi, Two Others for $450 Million
(Bloomberg) — India’s Torrent Gas Ltd. has hired three banks for its planned initial public offering that may…
Canadian Energy Companies Are Outperforming Despite Weak Oil Prices
Recently, we have noted that U.S. investors are increasingly buying Canadian Oil & Gas companies, even as global…
Oil Markets Lackluster Amid Russia Peace Deal, China’s Stockpiling
Sentiment in oil markets remains overwhelmingly negative, driven by perceived market oversupply and negative global demand indicators. Brent…
The complex crude glut picture
The swelling crude supply story involves the key plot twists of reluctant buyers, limited oil stocks and refiners…
Chinese LNG Demand Looks Poised to Disappoint Yet Again
(Bloomberg) — Chinese liquefied natural gas imports are at risk of another weak year as disappointing industrial demand…
Gasoline Drops Below $3 in Half the U.S
Drivers in half of U.S. states are enjoying average gasoline prices below $3 per gallon this Thanksgiving holiday,…
Diplomats Weigh Truce on Fossil Fuel Exit Plan at UN Climate
(Bloomberg) — International climate negotiators were weighing a potential compromise deal late Friday on establishing a formal plan…