Dutch TTF Gas Jumps 2% as Winter Storage Race Heats Up
Europe’s benchmark natural gas prices jumped on Tuesday morning in Amsterdam as the Middle East crisis remains a major supply shock amid the European race against time to stock up…
Oil Tankers Flood Back Into Suez Canal As Red Sea Risk Grows
Suez Canal’s revenue jumped by 42% in July from the same month last year as the number of oil tankers passing through the Egyptian gateway to the Mediterranean surged amid…
Gulf Producers Find Workarounds As Hormuz Tensions Persist
Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the…
Vitol CEO: Global Fuel Markets Are “Tight and Inflexible”
Global fuel markets are very tight and inflexible, despite the higher flows out of the Persian Gulf in recent weeks, Russell Hardy, chief executive of the world’s biggest independent oil…
Oil Prices Hit 3-Month Highs
Oil prices rose for another session on Tuesday, reaching three-month highs as escalating tensions across the Gulf renewed concerns over regional energy flows. That’s what Paolo Broccardo, CEO at BankPro,…
Why speed and certainty are reshaping LNG
Why speed and certainty are reshaping LNG | LNG / LPG | gasworld By 30 min ago 1 min read Power demand is rising, energy security remains high on political…
China’s Crude Buying Rebounds as Fuel Exports Jump 29%
China’s crude oil imports rose for the second consecutive month in August as refiners turned to additional non-Middle Eastern supply and boosted overseas fuel shipments amid eased export restrictions. …
Global Diesel Supply Crunch Is Set to Last Through Winter
Global diesel fuel supply will remain tight into next year for lack of enough refining capacity to pick up the slack from Middle Eastern and Russian facilities, Reuters has reported,…
The LNG state-of-play
The LNG state-of-play | LNG / LPG | gasworld ©Shutterstock By 59 min ago 1 min read It’s been a year like no other in the LNG sector with the…
Canada dollar-for-dollar tariffs impact tanks and cylinders
By 50 min ago 2 min read The Canadian government has officially raised import tariffs on nearly 700 US products including steel propane tanks and liquefied gas cylinders from 25%…
