Company and Market Update — 14 September 2024
As we close this week, we’re witnessing a notable uptick in oil prices, driven by persistent global supply challenges and heightened geopolitical tensions. These fluctuations in the oil market are capturing the attention of investors…
Oil prices fell in Asian trade on Thursday, pressured by persistent concerns over high for longer U.S.
Oil prices fell in Asian trade on Thursday, pressured by persistent concerns over high for longer U.S. interest rates, while an unexpected build in inventories also raised concerns over less tight markets. Traders steadily priced…
Company and Market Update — 11 January 2024
Oil prices surged after an armed group boarded an oil tanker in Oman, fueling concerns of heightened Middle East conflict. Brent crude rose 1.3% to $77.83, and U.S. WTI crude increased 1.4% to $72.35. The…
Exciting news for fuel retailers and wholesalers in Morocco!
🇲🇦 Exciting news for fuel retailers and wholesalers in Morocco! 🚗⛽️ Explore new opportunities and enhance your business with our top-quality fuel products. Connect with us for partnerships that drive success! We are extremely excited…
The U.S.
The U.S. military-industrial complex aimed to replace Russia as Europe’s primary energy source, driving record-high U.S. crude exports amid the Ukraine-Russia war. Despite U.S. decarbonization goals, the Biden administration supports massive hydrocarbon production. In September,…
Latest Energy News:
Latest Energy News: Crude oil inventories in the U.S. decreased by 817,000 barrels for the week ending November 24, as reported by The American Petroleum Institute (API). This followed a significant 9.05-million-barrel increase in the…
Company and Market Update — 21 November 2023
Diesel exports from the Middle East to Europe hit an 11-month low in October, reaching an average of 248,000 b/d—down from 307,000 b/d in September—due to refinery disruptions and increased supplies from the US and…
Company and Market Update — 14 November 2023
Western officials and Russian export data indicate that the US-led price cap on Russia’s oil sales is being largely bypassed, undermining economic sanctions against Moscow. European officials are discussing ways to reinforce the cap, such…
A brief summary of the Oil and Gas markets for this week:
A brief summary of the Oil and Gas markets for this week: The oil and gas markets experienced fluctuations this week due to various factors. Geopolitical tensions, including the conflict between Israel and Palestine, raised…
What an eventful past 7 days for the Oil and Gas Markets. Herewith below a brief summary:
What an eventful past 7 days for the Oil and Gas Markets. Herewith below a brief summary: Futures for WTI crude have escalated beyond $91 per barrel, nearing a ten-month peak. This is largely due…
