Refineries, pivotal in the global energy landscape, are exploring pathways to reduce greenhouse gas (GHG) emissions.
February 24, 2024
OPEC, in its latest Monthly Oil Market Report, anticipates a 1.8MM b/d increase in global oil demand in 2025, reaching 106.2MM b/d.
February 19, 2024
Geopolitical tensions pushed futures prices for crude benchmarks higher.
February 18, 2024
Despite the official ban on Russian oil enacted by Congress two years ago, the US imported a rare cargo of 10K bbl. of Russian crude in Nov. 2023, as revealed by Energy Information Administration (EIA) data.
February 18, 2024
There are perspectives on the energy transition from various angles, covering Saudi Arabia's capacity halt, TotalEnergies' warning, Invenire Energy's stance on upstream investments, and the IEA's emphasis on transition in energy security.
February 18, 2024
China, the US, and Europe are intensifying efforts to rebuild oil inventories, capitalizing on lower prices and concerns about shipping disruptions in the Middle East.
February 17, 2024
In a significant development for the global oil and gas market, Guyana crude cargo has traded for the first time in the Platts Market on Close (MOC), marking a milestone for this emerging player in the energy landscape.
February 17, 2024
Red Sea Disruptions Prompt Temporary Fragmentation as Traders Bolster Bullish Bets on Oil.
February 13, 2024
After prices for crude benchmarks fell in the previous week thanks to news that a ceasefire in Gaza was likely, they climbed due to reports indicating that the ceasefire proposal had been rejected.
February 12, 2024
In 2023, US crude exports soared to a record 4.06MM b/d, marking a 14% increase from the previous year and reaching 4.06MM b/d.
February 11, 2024
