Markets

OIL PRODUCTIONS NEWSFLASH
Johan Sverdrup crude attains record premium smid Mediterranean femand durge.
In a remarkable development, Norway's Johan Sverdrup medium sour crude achieved a historic milestone by reaching an unprecedented premium against the benchmark Dated Brent on October 4th.
October 08, 2023
OSP DIFFERENTIALS
Saudi Arabia's Oil Pricing Strategy Amid Market Dynamics.
In recent reports, Saudi Arabia is at the center of attention as it continues to navigate the complex world of oil pricing, with its actions having a significant impact on global markets
October 08, 2023
CLIMATE SCRUTINY
Oil Industry Executives Divided on Energy Transition's Impact on Prices.
In the latest Dallas Fed Energy Survey in the US, executives from 138 oil and gas firms were surveyed regarding their expectations for the impact of the ongoing energy transition on oil prices five years into the future.
October 08, 2023
CLIMATE SCRUTINY
Differing Views on Oil Prices: Temporary Crash vs. Long-term Decline.
Opinions in recent news offer contrasting perspectives on the future of oil prices.
October 08, 2023
CLIMATE SCRUTINY
Aker BP ASA Drives Electrification in Norway's Yggdrasil Oil & Gas Project in the Wake of the Green Trend.
The prominent exploration and production company is forging ahead with an electrification project set to transform Norway's Yggdrasil area oil and gas project in the North Sea.
October 08, 2023
FUTURES WEEKLY RECAPS
Petroleum futures prices sank in week to Oct. 6 on poor US gasoline demand.
After price pressure from profit taking and a strengthening US dollar early in the period, data from the US EIA on Wednesday painted a bleak picture for the domestic gasoline market.
October 08, 2023
FORECASTS
Divergent views on the future of oil and gas: cautious optimism and climate concerns.
The future of the oil and gas industry is a subject of intense debate, with prominent figures offering contrasting perspectives on its trajectory.
October 01, 2023
FORECASTS
Standard Chartered introduces machine-learning model "SCORPIO" for Brent price forecasting.
The UK bank has unveiled a groundbreaking machine-learning model named SCORPIO (Standard Chartered Oil Research Price Indicator) for short-term forecasting of Brent crude oil prices.
October 01, 2023
CRUDE TRADES
Crude import trends in Asia: sour-crude imports rise in Japan but decline in South Korea, and a rebound in India's Russian imports.
In Aug., Japan, Asia's fourth-largest crude importer, saw a significant increase in its sour-crude imports from the United Arab Emirates (UAE).
October 01, 2023
OIL PRODUCTIONS NEWSFLASH
US’s offshore oil leasing plan faces criticism and praise.
The Biden administration has unveiled its five-year offshore oil and gas leasing plan, signaling a notable shift in energy policy.
October 01, 2023
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