Company and Market Update — 20 August 2023

This article describes how formally “Unknown” companies use a “dark fleet” of old and obscure ships to export Russian crude oil to Asia, despite the G7 price cap and sanctions. The ships use various methods…

Oil Markets Summary for the past week:

Oil Markets Summary for the past week: Over the past week, the oil markets experienced several key events that had an impact on pricing. One significant factor was the OPEC+ meeting held on July 1st,…

Pricing Summary for the week:

Pricing Summary for the week: • According to S&P Global Commodity Insights, the refined products benchmark assessments for Northwest European and Mediterranean cargo markets and ARA barge markets are naphtha, gasoline, gasoil, diesel, jet fuel…

Summary of the Oil Markets and Pricing this week:

Summary of the Oil Markets and Pricing this week: • Crude oil markets have rallied on Friday, showing signs of strength in what has been a tight consolidation region. The American WTI crude oil price…

This week in Summary:

This week in Summary: This week in the oil and gas markets, Brent crude prices experienced fluctuations as news of increasing supply from OPEC+ and concerns over the Delta variant of COVID-19 impacted prices. Brent…

Company and Market Update — 08 June 2023

This week in the oil markets was marked by rising prices amid OPEC’s continued supply cuts and increasing demand as economies globally continued to reopen. Brent crude oil prices increased by 0.8% to $71.47 per…