US Says It Intercepted Second Tanker in Venezuela Blockade
(Bloomberg) — The US Coast Guard stopped and boarded an oil tanker in the Caribbean early Saturday that…
Oil heads for weekly loss amid peace hopes and weak demand
Oil prices are set to end the week lower, pressured by growing expectations of a Russia–Ukraine peace deal,…
WTI Crude Oil Slips Lower—Why Fresh Gains Could Be Limited
Key Highlights WTI Crude Oil prices started a fresh decline below $58.50. A key bearish trend line is…
How Far Can Brent and WTI Fall in an Oversupplied Market?
Earlier this week, Brent crude slipped below $60 per barrel, and West Texas Intermediate dipped to $55, under…
TotalEnergies CEO Says Growing Demand Will Underpin Oil
(Bloomberg) — TotalEnergies SE Chief Executive Officer Patrick Pouyanne said rising demand for oil will help to underpin…
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…
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…
WTI Crude Oil Struggles To Extend Gains, Risk of Another Drop?
Key Highlights WTI Crude Oil prices started a recovery wave from $57.20. A key bearish trend line is…
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…
Geopolitical Risk Keeps Oil Prices Elevated
Oil prices remained elevated in early Asian trade on Tuesday as investors priced in growing geopolitical risk, especially…
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…