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  +

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...  +

European natural gas extended its decline to the lowest level since the start of Russia’s war in Ukraine, amid warmer weather and signs from the Kremlin that payment for the fuel in roubles isn’t yet expected. Read Article  +

European natural gas extended its decline to the lowest level since the start of Russia’s war in Ukraine, amid warmer weather and signs from the Kremlin that payment for the fuel in roubles isn’t yet expected. Read Article  +

Asian spot liquefied natural gas (LNG) prices were stable this week continued muted demand from Asia amid a lockdown in China, allowing European gas prices to maintain a premium to keep LNG cargoes flowing to the continent. Read Article...  +

Asian spot liquefied natural gas (LNG) prices were stable this week continued muted demand from Asia amid a lockdown in China, allowing European gas prices to maintain a premium to keep LNG cargoes flowing to the continent. Read Article...  +

Russia’s invasion of Ukraine has caused one of the biggest upheavals to global petroleum markets in living memory. It still isn’t resulting in a clamor for replacement barrels from west Africa. Read Article  +

Russia’s invasion of Ukraine has caused one of the biggest upheavals to global petroleum markets in living memory. It still isn’t resulting in a clamor for replacement barrels from west Africa. Read Article  +

The outlook for crude oil demand in the world’s second-largest consumer is dimmed amid the continued increase in Covid-19 cases and the extended lockdown in Shanghai, where daily cases have topped 2,000. Read Article  +

The outlook for crude oil demand in the world’s second-largest consumer is dimmed amid the continued increase in Covid-19 cases and the extended lockdown in Shanghai, where daily cases have topped 2,000. Read Article  +