Profits from making one of the world’s dirtiest fuels are soaring in Asia as Chinese refiners snap up replacement feedstocks for dwindling Venezuelan oil shipments after a partial sanctions reprieve allowed exports to the US to resume. ...  +

Saudi Arabia is importing millions of barrels of diesel from Russia, despite having more than enough of its own. Read Article  +

There has been some positive inflation news in the past week amidst banking turmoil and another European Central Bank interest rate hike as wholesale energy prices dropped by almost €10 per megawatt hour (MWh) and crude oil tumbled. Rea...  +

Asian spot prices of liquefied natural gas (LNG) stayed flat this week, breaking a losing streak of declines since mid-December, as buying interest kept prices from sliding further. Read Article  +

Asian spot prices of liquefied natural gas (LNG) stayed flat this week, breaking a losing streak of declines since mid-December, as buying interest kept prices from sliding further. Read Article  +

There has been some positive inflation news in the past week amidst banking turmoil and another European Central Bank interest rate hike as wholesale energy prices dropped by almost €10 per megawatt hour (MWh) and crude oil tumbled. Rea...  +

Saudi Arabia is importing millions of barrels of diesel from Russia, despite having more than enough of its own. Read Article  +

A rebound in crude oil demand as the Chinese economy returns to normal operation pushed crude oil throughputs at refineries higher by 3.3% over the first two months of the year. Read Article  +

Kuwait has asked some Asian refiners to take less oil under their annual deals as the OPEC producer hopes to start full-scale operations at its Al Zour refinery later this year, three refining sources familiar with the matter said. Read...  +

Kuwait has asked some Asian refiners to take less oil under their annual deals as the OPEC producer hopes to start full-scale operations at its Al Zour refinery later this year, three refining sources familiar with the matter said. Read...  +