Asian spot liquefied natural gas (LNG) prices dropped this week as large Chinese sell tenders signalled that supplies are well-stocked amid continued tepid Asian demand. Read Article  +

Asian spot liquefied natural gas (LNG) prices dropped this week as large Chinese sell tenders signalled that supplies are well-stocked amid continued tepid Asian demand. Read Article  +

The physical crude market in Asia is showing further signs of strength, bolstering the outlook for higher futures prices just as global oil benchmark Brent rallies to the highest level in seven years. Read Article  +

The physical crude market in Asia is showing further signs of strength, bolstering the outlook for higher futures prices just as global oil benchmark Brent rallies to the highest level in seven years. Read Article  +

Iran's state-owned refiner NIORDC has signed a €372mn preliminary deal with the privately-owned Bank Mellat to finance the construction of a new 150,000 b/d oil products pipeline to both supply northeast Iran, and possibly also help the ...  +

Iran's state-owned refiner NIORDC has signed a €372mn preliminary deal with the privately-owned Bank Mellat to finance the construction of a new 150,000 b/d oil products pipeline to both supply northeast Iran, and possibly also help the ...  +

China's annual crude oil imports slid 5.4% in 2021, dropping for the first time since 2001, as Beijing clamped down on the refining sector to curb excess domestic fuel production while refiners drew down massive inventories. Read Articl...  +

China's annual crude oil imports slid 5.4% in 2021, dropping for the first time since 2001, as Beijing clamped down on the refining sector to curb excess domestic fuel production while refiners drew down massive inventories. Read Articl...  +

European refiners are planning to send more diesel than usual to the U.S., where inventories of the fuel are low and a cold snap has gripped the Northeast, boosting demand for heating fuels. Read Article  +

The world’s physical oil market is running hot, offering a boost to bulls. Read Article  +