Oil on Track for Weekly Gains Despite US Sanctions Waiver on Russian Oil
Summary US puts forward measures aiming to ease supply tightness Disruption of trade through Strait of Hormuz continues Goldman expects Brent will average over $100 a barrel in March (Reuters)…
Oil Prices Dip as U.S. Opens Brief Window for Stranded Russian Crude
Oil prices edged lower in early Asian trade on Friday morning after the United States issued a temporary license allowing countries to purchase Russian crude and petroleum products currently stranded…
Oil Prices Head for Weekly Gain Despite U.S. Waiver on Stranded Russian Crude
Crude oil prices were on course for another weekly gain today, despite a temporary dip following the announcement of a 30-day sanction waiver on Russian crude stuck on tankers as…
Saudi Arabia Offers 2 Million Barrels for Sale From the Red Sea
Saudi Arabia has opened a tender for two million barrels of its flagship Arab Light grade for loading this month from its Red Sea port of Yanbu, Reuters has reported,…
Analyst Warns of ‘Big, Big Risk’ for Oil Over Weekend
No one in their right mind would dare to sit short oil over the coming weekend. That’s what Skandinaviska Enskilda Banken AB (SEB) Chief Commodities Analyst Bjarne Schieldrop stated in a…
DOE Unveils $1.9 Billion Electric Grid Upgrade Push
The U.S. Department of Energy is launching a $1.9 billion funding effort aimed at rapidly expanding the capacity of the nation’s power grid by upgrading existing transmission lines. This is…
Iran Warns Gulf Energy Assets Could Burn if Its Oil Facilities Are Targeted
Iran’s Islamic Revolutionary Guard Corps (IRGC) warned Thursday that it could ignite a wider energy crisis across the Middle East if Iran’s own oil and gas infrastructure comes under attack.…
UAE Cuts Crude Shipments to Partners
Abu Dhabi National Oil Co. cut the volume of crude for its onshore partners by about a fifth for this month, although the flows will still go to a port…


Aramco CEO Warns Oil Inventories Are ‘Scarily Thin’
EU Electric Vehicle Sales Hit Record as Fuel Prices Surge
Indian State Firm BPCL Readies $3-Billion Bond to Fund Brazil oil Project
10 minutes with… Altura Energy
Air Liquide uses AI in over one-third of ‘critical processes’
AI chip demand to drive Air Liquide electronics sales above €4bn by 2030
Diesel Margins Slide as G7 Announces 100 Million Barrel Stocks Release
Hormuz LNG Flows Still Down More Than 75% Despite Rebound
Japan Rules Out More Reserve Releases After G7 Pledges 100 Million Barrels
South Korea Plans to Triple Canadian Crude Imports as Saudi Share Slips








