Before its forces invaded Ukraine, Russia provided one out of every 10 barrels of oil the world consumed. But as the United States and other customers shun Russian crude, the Continue Reading
Crude, natural gas, aluminum, nickel, wheat, and a whole host of other commodities have seen extreme price increases in recent weeks. Massive re-pricing in commodities is causing turmoil in global Continue Reading
No signs of middle distillates heading to Europe Heavy distillates rise 10% on the week LSFO Fujairah fuel premium over Singapore widens Oil product stockpiles at the Port of Fujairah Continue Reading
On the third day of the world’s biggest energy conference, the spotlight will pick out natural gas amid debate on its role in the transition to cleaner energy – and Continue Reading
Global energy-related emissions of carbon dioxide rose to their highest ever level last year as economies recovered from the coronavirus pandemic and coal use increased, the International Energy Agency (IEA) Continue Reading
 Turkey will continue to buy Russian oil and hopes sanctions on Iran are lifted, bringing additional supplies to meet global demand, Energy Minister Alparslan Bayraktar said on Tuesday. Turkey relies Continue Reading
Saudi Crown Prince Mohammed bin Salman has reaffirmed his country’s commitment to the OPEC+ agreement with Russia. The Kingdom has not made a move to bring extra crude onto the Continue Reading
Kazakhstan is facing economic crisis as the war in Ukraine threatens crude oil exports, which alone account for around 14 percent of GDP and 57 percent of exports. The bulk Continue Reading
Both sides have acknowledged a need for renewed dialogue, but they appear to be envisioning vastly different negotiations. Baghdad is seeking Erbil’s cooperation in implementing the Federal Supreme Court’s decision, Continue Reading
Venezuela released two jailed U.S. citizens on Tuesday in an apparent goodwill gesture toward the Biden administration following a visit to Caracas by a high-level U.S. delegation. One of the Continue Reading
