China Scoops Up Russian Crude Amid U.S. Pressure on India
China has boosted imports of Russia’s flagship Urals crude, as refiners buy additional volumes of discounted oil while…
EU Fails in Bid to Add Joint Debt to Key Sovereign Index
(Bloomberg) — Intercontinental Exchange Inc. will not add European Union joint debt to its sovereign bond indexes in…
Devon Energy and Centrica Ink Major LNG Supply Deal
U.S. Devon Energy Corporation has signed a 10-year natural gas agreement to supply LNG to UK’s Centrica, the…
Treasuries Edge Higher, Asian Shares Rise on Japan: Markets
(Bloomberg) — Treasuries edged up to recover some of their losses from a higher US inflation print, which…
Russian Crude Discount Deepens Amid Sanctions and Tariffs
Russia’s flagship Urals blend is trading at a $5 discount to dated Brent following the latest round of…
India-US Energy Trade Booms Under Trump’s Presidency; India’s Crude Oil Imports Surge 51%, LNG Imports Double
India-US Energy Trade Booms Under Trump’s Presidency; India’s Crude Oil Imports Surge 51%, LNG Imports Double | Image:…
Australia Urged to Rein In Gas Exports as Supply Crunch
(Bloomberg) — A new report linking Australia’s liquefied natural gas export boom to surging local energy prices is…
Woodside takes over operatorship of Bass Strait assets from
Woodside Energy has formally taken over as operator of the key Bass Strait oil and gas assets previously…
Oil Extends Gain on US Trade Deal Optimism, Diesel Tightness
(Bloomberg) — Oil fell as the dollar strengthened and conviction waned that the US will reach agreements with…
Woodside beats revenue forecasts despite hydrogen project
Australia’s Woodside Energy reported stronger-than-expected second-quarter results on Wednesday, with revenue rising 8% to $3.28 billion, driven by…
Baker Hughes exceeds earnings expectations in second quarter
Baker Hughes exceeded Wall Street profit forecasts for the second quarter, driven by strong demand for natural gas…
Petrobras Eyes Return to Retail Fuel Sector to Limit Pump
(Bloomberg) — Petrobras is considering a return to retail fuel sales after President Luiz Inacio Lula da Silva…