Dec 20, 2023
UAE Firm Announces Major Natural Gas Discovery in Indonesia
UAE’s Mubadala Energy announced a natural gas discovery in an offshore block in Indonesia. The discovery, analysts say, is the
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Dec 20, 2023
EU Extends Emergency Natural Gas Price Cap Through January 2025
The European Union’s energy ministers approved on Tuesday a plan to extend the emergency cap on natural gas prices for another year
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Dec 19, 2023
Chinese State Giant Buys Venezuelan Oil After U.S. Eases Sanctions
China’s state oil and chemicals giant Sinochem has bought a rare cargo of Venezuelan crude, trade sources told Reuters on
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Dec 19, 2023
Oil Prices Hit Two-Week High on Red Sea Shipping Disruptions
Crude oil prices hit the highest in two weeks following BP’s announcement it will temporarily reroute its tankers away from
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Dec 19, 2023
Turkey Saved $2 Billion This Year by Importing Cheap Russian Oil
Turkey, which has become one of the biggest buyers of Russian oil after the EU embargo on Moscow’s crude and
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Dec 18, 2023
Oil Prices Climb As Russian Exports Drop and Tankers Avoid the Red Sea
Crude oil prices began the week with a 1% gain in mid-morning trade in Asia as the latest news about
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Dec 16, 2023
India Resumes Imports of Venezuela’s Crude Oil
India is resuming imports of crude oil from Venezuela for the first purchases since 2020 as the U.S. lifted most
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Dec 16, 2023
Global Coal Demand Is Set to Hit a Record High in 2023
Global coal demand is set to rise by 1.4% this year and surpass a record-high level of 8.5 billion tons
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Dec 14, 2023
OPEC Maintains Oil Demand Outlook Amid Resilient Economic Growth
OPEC kept on Wednesday its oil demand growth forecasts for this year and next, citing better-than-expected economic performance so far
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Dec 13, 2023
Oil Prices Continue to Fall Ahead of the EIA Report and Fed Meeting
Crude oil prices began the day with a loss in Asian trading today as concerns about oversupply and weak demand
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