Global diesel and distillate fuel stocks have fallen to dangerous levels. The U.S. has been exporting a lot of diesel to troubled Europe, but now things are changing. U.S. buyers Continue Reading
Rigzone takes a look at where diesel prices are heading. Average diesel prices in the U.S. are rising, the AAA gas prices website shows. As of October 19, national average Continue Reading
Fertilizer prices are falling as farmers balking at the high costs of nutrients hold off on purchases, driving down demand and causing gluts that are upending the market for crop Continue Reading
The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company Continue Reading
Europe’s energy crisis has cooled efforts to lower the carbon intensity of liquefied natural gas (LNG) shipments, as buyers worried about a winter supply crunch prioritize securing shipments of any Continue Reading
Daily freight rates to ship liquefied natural gas are at a record high, and prices are expected to climb further as winter approaches. Spot rates for ships commonly used to Continue Reading
The OPEC+ oil producers group moved unanimously to cut output to prevent a crisis and stem a tide of volatility, OPEC’s secretary-general told an energy conference in South Africa on Continue Reading
The escalating conflict between the Kurdistan region’s two main political parties is undermining their ability to negotiate with Baghdad over existential threats to their oil sector. The semi-autonomous Kurdistan Regional Continue Reading
Drop led by 20% slump in middle distillates Inventories fall from 25-month high Heavy distillates drop most since Aug. 21 Oil product stockpiles at the UAE’s Port of Fujairah fell Continue Reading
European countries and gas traders are reeling from the latest LNG supply shock – a force majeure from Nigeria LNG – that threatens nearly 4% of global supply and further Continue Reading
