A leading global energy market academic warned that crude prices could sink back to $30 a barrel if OPEC fails to make additional cuts to production.   Watch Interview and Read Article  +

The chance of crude oil prices slumping to $US30-$US35 a barrel for several years, sending the global economy into crisis and multiple producers into bankruptcy, has emerged as a real threat, according to one of the world's leading forecasters.  ...  +

Federal Resources Minister Matthew Canavan’s proposed export restriction powers do not go far enough to penalise LNG producers that are buying gas from domestic markets and will do little to ease prices, according to the nation’s biggest manufactu...  +

Rising US shale oil production has put short-term supply concerns centre stage as the oil market downturn enters its third year. But for Opec producers, worries about when demand for their crude will peak is only gathering pace and India...  +

The standoff between Qatar and its Arab neighbours has seen gas shipments bound for the UK change direction.   Read Article  +

Shippers hauling oil, food and consumer goods across the Middle East are grappling with the fallout from a diplomatic standoff between Qatar and its Persian Gulf neighbors that risks leaving vessels locked out of regional ports.   Read Article  +

When it comes to natural gas shipments, the United Arab Emirates needs Qatar more than Qatar needs the U.A.E.   Read Article  +

On top of stricter emission controls and a move toward electric vehicles, Asia’s diesel traders now have to worry about sea cucumbers off China’s coast.   Read Article  +

Asian gasoline profit margins have recently surged to overtake diesel and jet fuel margins as upcoming refinery maintenance in Indonesia and Vietnam will cut supply in the region.   Read Article  +

Crashing oil prices brought Russia and Saudi Arabia closer together than ever. But now, a race to satisfy China’s huge energy needs threatens to drive them apart.   Read Article  +