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ADNOC's Upper Zakum exports are falling, making it difficult to launch a futures contract for this medium-sulphur crude. Liquidity and market challenges emerge as OPEC+ plans a quota increase.
ADNOC's Upper Zakum exports are falling, making it difficult to launch a futures contract for this medium-sulphur crude. Liquidity and market challenges emerge as OPEC+ plans a quota increase.
The Dangote refinery in Nigeria, expected to provide a solution to fuel shortages, is raising questions about its real impact on domestic prices and supply strategy.
The Dangote refinery in Nigeria, expected to provide a solution to fuel shortages, is raising questions about its real impact on domestic prices and supply strategy.
U.S. crude oil inventories rose by 800,000 barrels, below expectations for a 1.05 million increase, suggesting significant implications for the oil market.
U.S. crude oil inventories rose by 800,000 barrels, below expectations for a 1.05 million increase, suggesting significant implications for the oil market.
India and the United Arab Emirates explore new opportunities to increase strategic crude oil storage and enter into a production concession agreement to strengthen their energy cooperation.
India and the United Arab Emirates explore new opportunities to increase strategic crude oil storage and enter into a production concession agreement to strengthen their energy cooperation.
OPEC is revising its oil demand forecasts for 2024 and 2025 downwards, due to weak economic growth and increased supply from its competitors.
OPEC is revising its oil demand forecasts for 2024 and 2025 downwards, due to weak economic growth and increased supply from its competitors.
Libyan crude oil exports resume from eastern ports as political negotiations progress between rival governments, supported by UN-sponsored talks.
Libyan crude oil exports resume from eastern ports as political negotiations progress between rival governments, supported by UN-sponsored talks.
ExxonMobil abandons its plan to buy 40% of the Mopane offshore field in Namibia from Galp Energia, leaving other companies in the running for this strategic stake.
ExxonMobil abandons its plan to buy 40% of the Mopane offshore field in Namibia from Galp Energia, leaving other companies in the running for this strategic stake.
Gulf of Mexico energy companies such as Chevron, ExxonMobil and Shell are evacuating staff and suspending some drilling operations in response to Tropical Storm Francine, anticipating major disruptions to oil and gas production.
Gulf of Mexico energy companies such as Chevron, ExxonMobil and Shell are evacuating staff and suspending some drilling operations in response to Tropical Storm Francine, anticipating major disruptions to oil and gas production.
An IGF report suggests discontinuing Sara's refining activity to reduce fuel costs in Guadeloupe, Martinique and French Guiana, sparking debate on the future of energy in these territories.
An IGF report suggests discontinuing Sara's refining activity to reduce fuel costs in Guadeloupe, Martinique and French Guiana, sparking debate on the future of energy in these territories.
Gasoline prices in Brazil remain stable despite a widening gap with imports, posing challenges for the ethanol market and influencing the commercial strategies of fuel distributors.
Gasoline prices in Brazil remain stable despite a widening gap with imports, posing challenges for the ethanol market and influencing the commercial strategies of fuel distributors.