U.S. oil prices hit their highest level since November 2014 on Tuesday and Brent crude was also near a four-year peak reached the previous day, with markets preparing for tighter Continue Reading
Crude oil prices reached levels not seen in four years Monday, with Brent prices topping $85 a barrel and WTI soaring to $75. Oil prices surged today as President Donald Continue Reading
Demand for fuel oil is under threat: media are paying growing attention to the upcoming new emissions standards introduced by the International Maritime Organization, to take effect from January 1, Continue Reading
Despite gasoline demand dropping to 9.0 million b/d and inventories growing to 235.7 million bbl, according to the latest Energy Information Administration (EIA) data, the national gas price average has Continue Reading
Ever since war broke out in Eastern Ukraine, the energy industry has been guessing what will happen to Ukraine’s gas transit and its transmission system. In the background, however, Ukraine’s Continue Reading
Brent crude oil hovered close to its highest since November 2014 on Monday, supported by supply concerns before U.S. sanctions against Iran come into force next month. Benchmark Brent LCOc1 Continue Reading
Crude oil futures were higher during mid-morning trade in Asia Monday on the back of a lower US rig count and lingering global supply concerns. At 10:10 am Singapore time Continue Reading
The breakout in Brent crude prices above $80 this week has prompted analysts at the sell side banks to start talking about a return to $100 a barrel oil . Continue Reading
Europe’s natural gas and electricity markets are heading into the winter heating season with prices at record highs amid various supply outages in already tight markets and uncertainty over how Continue Reading
Oil prices rose more than 1 percent on Friday, with Brent climbing to a four-year high, as U.S. sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other Continue Reading
