Tag: supply
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Oil falls as Russian diesel supply prospects counter Gulf supply risks
Oct 12 : Oil prices fell on Tuesday and were on track for their first decline in nearly a week, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia.Brent crude futures dropped $1.18, or 1.1 per cent, to $105.47 a barrel by 0625 GM
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Oil falls as Russia diesel supply prospects counter Gulf supply risks
Oct 12 : Oil prices fell on Tuesday and were on track for their first decline in nearly a week, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia.Brent crude futures fell $1.30, or 1.2 per cent, to $105.35 a barrel by 0329 GMT,
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Oil ticks lower as Russia diesel supply prospects counter Gulf supply risks
Oct 12 : Oil prices edged lower on Tuesday after climbing by nearly $2 a barrel in the previous session, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia.Brent crude futures fell 61 cents, or 0.57 per cent, to $106.04 a barrel
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Oil stable as higher Middle East exports offset supply threats
LONDON, Oct 7 : Oil prices were stable on Wednesday, with Brent futures holding above $100 a barrel, as investors weighed higher Gulf exports against ongoing supply risks from the Middle East conflict and a storm heading for oil-producing regions in the United States. Brent crude futures rose 35 cents, or 0.
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Europe under pressure to release diesel reserves as Trump threatens export ban
President Donald Trump has threatened to ban US diesel exports, as UK diesel prices near £2 a litre.
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Oil prices rise 2% as Houthi missiles add to supply fears
NEW YORK, Sept 24 : Oil prices rose about 2 per cent on Thursday after a Houthi missile attack on Saudi Arabia revived supply disruption fears, but pared earlier gains on reports the US and Iran discussed reopening the Strait of Hormuz. Brent futures rose $2.04, or 2.0 per cent, to $105.12 a barrel at…
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Oil holds near two-week lows on easing supply concerns
LONDON, Sept 23 : Oil prices held near their lowest in more than two weeks on Wednesday, kept in check by improving Gulf crude supplies and growing hopes for a diplomatic resolution to the US-Israeli war on Iran.Brent crude futures rose 16 cents, or 0.16 per cent, to $99.41 a barrel by 0809 GMT while…
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Will Germany have enough gas this winter amid energy supply concerns?
Germany’s gas storage sites are far less full than in recent years. Officials say supplies are secure, but analysts warn that a cold winter or import disruptions could push prices higher. So how secure is the supply?
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Oil falls on increased Gulf supply and hopes for US-Iran talks
PERTH, Sept 23 : Oil prices drifted lower on Wednesday as Saudi Arabia began restoring crude supply on a critical pipeline to the Red Sea and on hopes for a diplomatic solution to the US-Iran war through talks at the UN in New York.Brent crude futures fell 7 cents, or 0.07 per cent, to $99.18…
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Equinor plans LNG expansion in early 2030s to meet European and Asian demand
BANGKOK, Sept 16 : Equinor aims to expand its liquefied natural gas supply portfolio to between 10 million and 15 million metric tons per year (tpy) early in the next decade to meet demand from Europe and Asia, senior executives said on Thursday.The Norwegian producer is expected to announce a second deal to
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