The goldilocks price for oil is around $70 per barrel. That’s FGE’s view, according to James Davis, the Director of Short-Term Global Oil Service & Head of Upstream Oil at the company, who told Rigzone that “the problem right now is ...  +

The oil market is finally starting to flicker into life — and nowhere is that clearer than in the prices of crude like Saudi Arabia’s, where output cuts are quietly transforming the supply landscape. Read Article  +

The oil market is finally starting to flicker into life — and nowhere is that clearer than in the prices of crude like Saudi Arabia’s, where output cuts are quietly transforming the supply landscape. Read Article  +

Crude oil markets are torn between two conflicting and contradictory plays. On one hand, is the growing Iranian and Venezuelan crude output, and on the other is the desire of the major players, Saudi Arabia and Russia, to cut output and ...  +

Crude oil markets are torn between two conflicting and contradictory plays. On one hand, is the growing Iranian and Venezuelan crude output, and on the other is the desire of the major players, Saudi Arabia and Russia, to cut output and ...  +

Asia’s naphtha refining profit margin rebounded about 6% this week on hopes of demand from the region’s biggest importer South Korea after it scrapped import taxes. Read Article  +

Asia’s naphtha refining profit margin rebounded about 6% this week on hopes of demand from the region’s biggest importer South Korea after it scrapped import taxes. Read Article  +

Asia’s naphtha markets started the month in losses after registering a two-fold decline in June due to slow demand from the petrochemical sector and rising supplies from Russia, traders and analysts said. Read Article  +

Asia’s naphtha markets started the month in losses after registering a two-fold decline in June due to slow demand from the petrochemical sector and rising supplies from Russia, traders and analysts said. Read Article  +

Middle distillates stock levels held at key trading hub Singapore have rebounded and were close to 8 million barrels as the pace of exports slowed and more imports flowed in, official data showed on Wednesday. Read Article  +