Oil and Petrochemicals
Standard Chartered's Actions on the Oil Market and Its Impacts
Standard Chartered reported on the existing limitations in the upward trend of oil prices and emphasized the risks arisi...
Oil and Petrochemicals
Oil and Petrochemicals
Natural Gas Prices in Appalachia Return to Higher Levels
Physical natural gas prices improved on Monday at the Appalachia and Northeast hubs, while low demand caused prices to d...
Oil and Petrochemicals
Petrobras Resumes Bunker Fuel Supply at Rio de Janeiro Terminal
Petrobras has resumed bunker fuel supply at the Rio de Janeiro terminal. This action was taken after a storm that caused...
Oil and Petrochemicals
Louisiana Government Declares State of Emergency Due to Diesel Shortage
The Louisiana government has declared a state of emergency due to rising diesel prices and allowed farmers to use diesel...
Oil and Petrochemicals
Futures Natural Gas Prices Drop Following the Return of Mountaineer XPress Pipeline Flow
Futures natural gas prices reached $3 in October. The return of Appalachian supplies and reduced transitional season dem...
Oil and Petrochemicals
New Investment by Eni and Chevron in Venezuela's Oil Fields
Venezuela is witnessing new investments from Eni and Chevron in its oil fields with new reforms in the energy sector. Th...
Oil and Petrochemicals
U.S. Strategic Oil Reserves Reach Lowest Level Since 1982
U.S. strategic oil reserves have decreased to 284.6 million barrels, the lowest level since October 1982. These reserves...
Oil and Petrochemicals
Russia Imposes New Restrictions on Energy Exports
Under the command of Vladimir Putin, Russia has imposed new restrictions on reporting regarding refinery production and...
Oil and Petrochemicals
Asyad Shipping Receives Its First Kamsarmax Vessel
Asyad Shipping has received the Ain Al Sarooj as the first of two Kamsarmax vessels purchased. This vessel has quickly e...
Oil and Petrochemicals
Brent Oil Above $105 Following Stalemate in US-Iran Peace Talks
Brent oil prices reached above $105 per barrel at the start of the week. This price increase occurred following a stalem...
Oil and Petrochemicals
New Plan by Abelardo de la Espriella to Revive Colombia's Oil Industry with Fracking
Colombia's oil industry is in decline, and the new president, Abelardo de la Espriella, aims to revive hydrocarbon produ...
Oil and Petrochemicals
Decrease in Natural Gas Production Due to Adverse Weather Forecasts
Adverse weather forecasts have led to a decrease in natural gas prices. Natural gas traders are adjusting their position...