RSS Items

The global diesel market looks set to get even tighter.

The average price of diesel saw its third biggest monthly increase on record in October.

Diesel futures already are trading near the highest level since January in New York.

Prices of dirtier oil in Asia are surging, offering further evidence that Saudi's prolonged supply cuts are tightening the market.

'The ongoing geopolitical tensions and the unpredictable fluctuations in crude oil prices are significantly dampening the overall sentiment within the oil and gas sector'.

The overall oil and gas industry's disclosed contract value witnessed a significant quarter on quarter increase.

The month isn't over yet but a lot has already happened in Norway's petroleum industry in July.

The decrease comes 15 months after the market disruption brought by Russia's invasion of Ukraine.

A surge in retail gasoline prices in California in 2022 and 2023 does not mean volatility at the pump level has heightened in recent years but instead reflects longstanding factors that are 'unique' in the state.

Even under the most aggressive energy transition scenario, the world will need oil and gas until 2050, Wood Mackenzie said.