Saudi Aramco’s downstream business, a key area of investment for the world’s largest oil exporter, saw its earnings more than double as it benefited from a global shortage of refining capacity. Read Article  +

Saudi Aramco’s downstream business, a key area of investment for the world’s largest oil exporter, saw its earnings more than double as it benefited from a global shortage of refining capacity. Read Article  +

Asian spot liquefied natural gas (LNG) prices inched down this week despite some procurement activity to replenish stocks, with more downside seen from muted Chinese activity during COVID-19 lockdowns. Read Article  +

Asian spot liquefied natural gas (LNG) prices inched down this week despite some procurement activity to replenish stocks, with more downside seen from muted Chinese activity during COVID-19 lockdowns. Read Article  +

The European Union has proposed a phased embargo of Russian oil, tightening its sanctions on Moscow for its invasion of Ukraine. What would the impact be of banning Russian barrels in Europe? Read Article  +

The European Union has proposed a phased embargo of Russian oil, tightening its sanctions on Moscow for its invasion of Ukraine. What would the impact be of banning Russian barrels in Europe? Read Article  +

Refinery maintenance has prevented Middle Eastern states from boosting exports of middle distillates to help ease market tightness. Exports are now poised to rise to record levels in the coming months, and new regional capacity is yet to...  +

South Asia’s emerging economies are cranking up older power plants that burn highly-pollutive fuel oil as rising liquefied natural gas prices put cleaner energy sources out of their reach. Read Article  +

China's oil demand is expected to stay weak heading into May as COVID-19 lockdowns across the country curtail travel plans during the Labour Day holiday season, analysts and traders say. Read Article  +

China's oil demand is expected to stay weak heading into May as COVID-19 lockdowns across the country curtail travel plans during the Labour Day holiday season, analysts and traders say. Read Article  +