Ukrainian Strikes on Russian Oil Facilities Could be a Boon for US Refiners
A satellite image shows an oil pumping station, part of Druzhba pipeline infrastructure, struck by drones according to Ukraine’s military, in the course of Russia-Ukraine military conflict, in Tambov region,…
Refinery-State Senators Look to Block Trump From Shifting Renewable Fuel Obligation
Reuters) – Oil refinery-state lawmakers led by Senator Mike Lee, a Republican from Utah, will introduce legislation on Tuesday to block President Donald Trump from shifting renewable fuel blending obligations…
Vopak’s FSRU Deal in Australia: Implications for LNG Shipping & Trade Flows
By Andrew Darnton Dutch tank storage company Vopak recently signed an agreement with shipping firm Seapeak to supply a floating storage and regasification unit (FSRU) as part of its plan…
China Is Cranking Up Its LNG Trade With Russia in Test For Trump
By China appears to be setting up a system to import regular cargoes of liquefied natural gas from a Russian project sanctioned by the US, a move that will test…
Global LNG Market Faces Looming Supply Glut After Years of Scarcity
By , , and The global market for liquefied natural gas faces a multiyear supply glut starting in 2026, potentially pushing prices for the crucial fuel to the lowest since…
Barclays Cuts 2026 Brent Forecast on OPEC+ Supply Increase Expectations
(Reuters) – Barclays on Monday lowered its Brent crude oil price forecast for 2026 by $4 to $66 a barrel, citing expectations that OPEC+ will fully unwind voluntary production cuts…
Oil Set to Fall Below $60 Into Next Year, FGE’s Fesharaki Says
By The decision by OPEC+ to once again raise production may have been more modest than expected, but oil prices could still tumble below $60 a barrel into the end…
Data Center Builder Fermi Files for US IPO as New Listings Accelerate
(Reuters) – Fermi, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, on Monday filed for an initial public offering in the United States, as companies rush to…
Cuts to US Oil Jobs and Spending Threaten Output Growth
Summary Oil and gas producers cut $2 bln in expenditure, Reuters analysis shows US oil rig counts have fallen by 69 this year Trump’s trade policies and tariffs push up…
Eight Opec+ Members Agree to Raise Oil Production by 137,000 Bpd in October
Eight Opec+ members agreed to raise oil production by 137,000 bpd in October, the group said in a statement on Sunday. The group’s statement cited steady global economic outlook and…
